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    1505 J Elmer Weaver Fwy Cedar Hill, TX 75104

    For Sale
    $565,000

    High-traffic location, 3.7 acres, 693 SF building.

    Property size:
    693 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    365
    This exceptional commercial property, located at 1505 N J Elmer Weaver Fwy in Cedar Hill, Texas, presents a unique investment opportunity. The property encompasses approximately 3.7 acres of land, offering significant development potential. The existing 693 square foot retail building provides immediate income potential or a platform for expansion. The land is priced at $3.50 per square foot. The property boasts approximately 693 feet of frontage on the Highway 67 service road, ensuring high visibility and accessibility for potential businesses. Its strategic location near the intersection of S. Main Street places it within a thriving retail corridor, surrounded by established businesses such as Costco, Pappas BBQ, Starbucks, LA Fitness, Subway, Frost Bank, Genghis Grill, and many others. This prime location offers excellent exposure to a high volume of daily traffic. The property's zoning as Local Retail allows for a wide range of uses, including but not limited to shopping centers, gas stations, restaurants, fast food establishments, grocery stores, professional offices, schools, churches, and hotels. The asking price for this exceptional property is $565,000. This presents a rare chance to acquire a substantial commercial property in a high-demand area with significant growth potential. The address is 1505 N J Elmer Weaver Fwy, Cedar Hill, TX 75104. Additional addresses associated with the property include 1210 & 1212 Meadow Crest Lane.

    Property Features for 1505 J Elmer Weaver Fwy

    General Information

    Property type
    Land
    Square Feet
    693 SF
    Lot Size
    161,172 SF

    HighLights

    • 3.7‑acre parcel zoned for local retail, available for sale.
    • 693 feet of highway frontage on Highway 67 service road.
    • High visibility from heavily trafficked Highway 67, near S. Main Street intersection; surrounded by established retailers.
    • Suitable for various uses including shopping center, restaurants, and other commercial developments.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Dental Office Spa & Massage Wholesale Shop Auto Repair Shop Hair Salon Clothing Store

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Cedar Hill
    County
    Dallas
    State
    Texas
    Longitude
    -96.9229273
    Latitude
    32.6128658

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    FAQs

    What type of property is this?
    Land - High-traffic location, 3.7 acres, 693 SF building.
    Where is this land located?
    The property is located at 1505 J Elmer Weaver Fwy Cedar Hill, TX.
    What is the asking price?
    The asking price for this property is $565,000.
    What are key features of this property?
    This property features: 3.7-acre parcel zoned for local retail, available for sale.; 693 feet of highway frontage on Highway 67 service road.; High visibility from heavily trafficked Highway 67, near S. Main Street intersection; surrounded by established retailers.
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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
    1505 J Elmer Weaver Fwy Cedar Hill, TX 75104
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