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    1520 Hwy. 287 Byp Waxahachie, TX 75165

    Sponsored
    For Lease
    $30 SF/Yr ($8,000 /Mo)

    Waxahachie medical office building, 800-3200 sqft.

    Lot size:
    3,200 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    Solon Place II, located at 1520 W. Hwy. 287 Bypass in Waxahachie, Texas, 75165, offers a single-story, 3,200 square foot medical office building. This Class B property sits on a 0.49-acre lot and is currently available for lease as a single or multi-tenant space. The building is divisible into units as small as 800 square feet, with a maximum contiguous space of 3,200 square feet. The property is ideally situated in a high-traffic area along the heavily trafficked Highway 287 Bypass, surrounded by a mix of medical facilities, restaurants, other office spaces, hospitality businesses, retail establishments, and multi-family residential developments. This prime location provides excellent visibility and accessibility for any medical practice. The building consists of one building with one story. The county is Ellis County. This presents a unique opportunity for medical professionals seeking a well-located and versatile office space in a thriving community. The property is categorized as a multiple tenancy office building.

    Property Features for 1520 Hwy. 287 Byp

    General Information

    Property type
    Medical offices
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    3,200 SF
    Class
    B
    Total Rate
    8000

    Building Details

    Buildings
    1
    Stories
    1

    Unit(s) available at that property

    Space
    Building
    Size
    3,200 SF
    Rate per SF
    $30

    HighLights

    • Excellent proximity to Baylor Scott & White hospital.
    • Convenient access to major highways, Highway 287 and I‑35E.
    Property Profile Location Intelligence

    Current Use by Public Records

    Isalis Gift Shop Party City Party Store Skunk Funk Wholesaler Carl's Trading Co Hat Shop Bushka's Kitchen LLC Outdoor Clothing And Equipment Shop

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Spa & Massage Dental Office 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
    Waxahachie
    County
    Ellis
    State
    Texas
    Longitude
    -96.7631037
    Latitude
    32.3335917

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    FAQs

    What type of property is this?
    Medical office - Waxahachie medical office building, 800-3200 sqft.
    Where is this medical office located?
    The property is located at 1520 Hwy. 287 Byp Waxahachie, TX.
    What is the lease rate?
    The lease rate is $30 SF/Yr.
    What are key features of this property?
    This property features: Excellent proximity to Baylor Scott & White hospital.; Convenient access to major highways, Highway 287 and I-35E.;
    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

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    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
    1520 Hwy. 287 Byp Waxahachie, TX 75165
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