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    & 287 Nwq - Ovilla Rd Waxahachie, TX 75167

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    For Sale
    Contact for pricing

    38 Acres, Excellent Location, GR Zoning

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This exceptional 38.16-acre retail property presents a remarkable investment opportunity in the thriving city of Waxahachie, Texas. Located at the intersection of Ovilla Road and Highway 287, this site boasts unparalleled visibility and accessibility, ensuring high traffic volume and significant exposure for any commercial venture. The property is zoned GR, offering flexibility for a wide range of retail developments. Its expansive size allows for substantial building potential, accommodating large-scale retail projects or the creation of a mixed-use development. The strategic location within Ellis County, Texas, provides easy access to major transportation arteries, connecting businesses to a large and growing consumer base. This prime location offers significant advantages for businesses seeking to establish a strong presence in a dynamic market. The property's size and zoning make it ideal for a variety of retail concepts, from large format stores to smaller shop clusters. With its high visibility and convenient access, this property is poised for exceptional success. The 75167 zip code further underscores the property's location within a rapidly developing area, making it an attractive proposition for investors and developers alike. This is a rare opportunity to acquire a substantial parcel of land in a prime retail location. Serious inquiries are encouraged.

    Property Features for & 287 Nwq - Ovilla Rd

    General Information

    Property type
    Retail properties
    Lot Size
    1,662,250 SF

    HighLights

    • 38.16‑acre retail property in Waxahachie, TX.
    • High‑traffic location at Ovilla Road and Highway 287 intersection.
    • GR zoning allows for flexible retail development.
    • Excellent access to major transportation arteries and a growing consumer base.
    • Ideal for large‑scale retail or mixed‑use projects.
    • Located in the rapidly developing 75167 zip code.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Waxahachie
    County
    Ellis
    State
    Texas
    Longitude
    -96.8994495
    Latitude
    32.3713046

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    FAQs

    What type of property is this?
    Retail property - 38 Acres, Excellent Location, GR Zoning
    Where is this retail property located?
    The property is located at & 287 Nwq - Ovilla Rd Waxahachie, TX.
    What are key features of this property?
    This property features: 38.16-acre retail property in Waxahachie, TX.; High-traffic location at Ovilla Road and Highway 287 intersection.; GR zoning allows for flexible retail development.
    (214) 526-3626
    Request Owner's contact information
    & 287 Nwq - Ovilla Rd Waxahachie, TX 75167
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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
    & 287 Nwq - Ovilla Rd Waxahachie, TX 75167
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