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    I-45 And Zmolek Rd Ennis, TX 75119

    For Sale
    $3,500,000

    I-45 frontage, multi-use zoning.

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    365
    This exceptional 57.06-acre tract presents a remarkable opportunity for diverse development projects. Strategically located in Ellis County, Texas, near the intersection of I-45 and Zmolek Road in Alma (zip code 75119), this property boasts a prime location with convenient access to major transportation arteries. The land is zoned for commercial use, offering flexibility for a wide range of development options, including residential, commercial, and industrial ventures. The asking price is $3,500,000, translating to a land value of $1.75 per square foot. Existing improvements include a substantial 1,600+ square foot home featuring an attached two-car garage, providing potential for immediate use or future redevelopment. Additional structures on the property include a barn/workshop and an older barn, offering further versatility. Traffic exiting the I-45 northbound exit ramp has direct access to the property, ensuring high visibility and accessibility. This property is ready for immediate development and represents a significant investment opportunity in a rapidly growing area. The property's size and location make it ideal for a variety of large-scale projects.

    Property Features for I-45 And Zmolek Rd

    General Information

    Property type
    Land
    Lot Size
    2,485,534 SF

    HighLights

    • $3,500,000 asking price.
    • 57.06‑acre land parcel.
    • Commercially zoned.
    • Located at I‑45 and Zmolek Rd, Alma, TX.
    • $1.75/SF land value.
    • Includes existing 1,600+ sq ft home, barn, and workshop.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Ennis
    County
    Ellis
    State
    Texas
    Longitude
    -96.5430609
    Latitude
    32.2861578

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    FAQs

    What type of property is this?
    Land - I-45 frontage, multi-use zoning.
    Where is this land located?
    The property is located at I-45 And Zmolek Rd Ennis, TX.
    What is the asking price?
    The asking price for this property is $3,500,000.
    What are key features of this property?
    This property features: $3,500,000 asking price.; 57.06-acre land parcel.; Commercially zoned.
    Request Owner's contact information
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    I-45 And Zmolek Rd Ennis, TX 75119
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