287 & Park School House Rd Waxahachie, TX 75165
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.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.