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Property profile & analytics
OFF-MARKET
Land

287 & Park School House Rd Waxahachie, TX 75165

5.29 ac lot
Property ID
Property summary
AI-generated overview

This exceptional 5.286-acre commercial land parcel, located at the intersection of Business Highway 287 and Parks School House Road in Waxahachie, Ellis County, Texas (zip code 75165), presents a unique development opportunity. Zoned "CC" Community Commercial, this property is ideally situated within an Opportunity Zone, offering significant investment advantages. The site boasts excellent visibility and accessibility to Highway 287, which sees a daily traffic volume of 18,949 vehicles. All utilities are readily available. The location is highly desirable, within two minutes of major schools and surrounded by thriving new development, including single-family homes, office buildings, retail spaces, and multi-family residences. This prime location offers developers a chance to capitalize on the area's rapid growth and progressive city government. The expansive 230,258.16 square foot lot is perfect for a variety of commercial uses, including restaurants, retail establishments, storage facilities, medical offices, or general office space. This is a rare opportunity to acquire a significant tract of land in a rapidly developing area of Waxahachie.

Property profile
Verified
Property type Land
Lot 5.29 ac (230,258 SF)
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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