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    287 & Park School House Rd Waxahachie, TX 75165

    Sponsored
    For Sale
    $1,611,807

    5.28 Acres, Hwy 287, Opportunity Zone

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    398
    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 Features for 287 & Park School House Rd

    General Information

    Property type
    Land
    Lot Size
    230,258 SF

    HighLights

    • $1,611,807 asking price for 5.286 acres of commercial land.
    • CC Community Commercial zoning, ready for development.
    • Located in an Opportunity Zone.
    • High traffic count: 18,949 vehicles per day on Hwy 287.
    • Excellent visibility and access to US Highway 287.
    • Situated in Ellis County, Waxahachie, TX, zip code 75165.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Waxahachie
    County
    Ellis
    State
    Texas
    Longitude
    -96.7715235
    Latitude
    32.3381614

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    FAQs

    What type of property is this?
    Land - 5.28 Acres, Hwy 287, Opportunity Zone
    Where is this land located?
    The property is located at 287 & Park School House Rd Waxahachie, TX.
    What is the asking price?
    The asking price for this property is $1,611,807.
    What are key features of this property?
    This property features: $1,611,807 asking price for 5.286 acres of commercial land.; CC Community Commercial zoning, ready for development.; Located in an Opportunity Zone.
    (254) 776-7599
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    287 & Park School House Rd Waxahachie, TX 75165
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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.

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

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    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
    287 & Park School House Rd Waxahachie, TX 75165
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