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    2051 I-45 Ennis, TX 75119

    For Sale
    Contact for pricing

    Prime Ennis development land, I-45 frontage.

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    362
    This exceptional 63-acre tract presents a unique mixed-use development opportunity in Ennis, Texas. Strategically located at 2051 I-45, Ellis County, zip code 75119, this property boasts significant frontage on four sides, including an impressive 1,675 linear feet along Interstate 45. The permitted zoning is PD, allowing for a variety of uses. Preliminary re-platting has been completed and approved by the City of Ennis, streamlining the development process. Utilities are already in place. The site offers exceptional visibility and is surrounded by new residential construction. The acreage is ideally suited for a multifaceted development, encompassing approximately 36.7 acres designated for retail and commercial uses, including space for big-box stores and outparcels. An additional 14.3 acres are allocated for multi-family development, with potential for approximately 315 units. Finally, 11.8 acres are zoned R-5 residential, suitable for approximately 35 units. This property represents a rare chance to capitalize on the growth and potential of Ennis, Texas. Contact us for pricing and further details.

    Property Features for 2051 I-45

    General Information

    Property type
    Land
    Lot Size
    2,744,280 SF

    HighLights

    • 63‑acre mixed‑use development site in Ennis, TX, at 2051 I‑45.
    • 1,675 linear feet of I‑45 frontage with PD zoning, allowing diverse uses.
    • Preliminary platting approved, utilities available, and excellent visibility.
    • 36.7 acres for retail/commercial (big‑box potential), 14.3 acres for multi‑family (approx. 315 units), and 11.8 acres for R‑5 residential (approx. 35 units).
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Ennis
    County
    Ellis
    State
    Texas
    Longitude
    -96.6163398
    Latitude
    32.3350228

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    FAQs

    What type of property is this?
    Land - Prime Ennis development land, I-45 frontage.
    Where is this land located?
    The property is located at 2051 I-45 Ennis, TX.
    What are key features of this property?
    This property features: 63-acre mixed-use development site in Ennis, TX, at 2051 I-45.; 1,675 linear feet of I-45 frontage with PD zoning, allowing diverse uses.; Preliminary platting approved, utilities available, and excellent visibility.
    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
    2051 I-45 Ennis, TX 75119
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