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    1805 Ennis Ave & Jeter Dr Ennis, TX 75119

    For Sale
    $750,000

    8.3 Acres, Prime Commercial Location

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    369
    This exceptional 8.313-acre commercial land parcel presents a remarkable investment opportunity in the rapidly growing city of Ennis, Texas. Strategically located on the southwest corner of Business 287 (Main Street) and Jeter Drive, this property offers unparalleled visibility and accessibility. The site boasts significant street frontage along both major thoroughfares, providing optimal exposure for a wide range of commercial developments. Zoned as Commercial Corridor District (CC), the property is ideally suited for retail shopping centers, restaurants, commercial recreation facilities, and various business services. The zoning allows for uses such as home furnishings stores, apparel shops, electronics retailers, and financial institutions. Given its location along major regional arteries, Business 287 and IH-45, the property is designed to attract high volumes of vehicular traffic, including trucks and commercial vehicles. The city of Ennis's recent ranking as one of Texas's fastest-growing cities further underscores the exceptional potential of this investment. The property's size and zoning flexibility make it suitable for a variety of development projects, promising significant returns for the discerning investor. This vacant land presents a unique chance to capitalize on Ennis's thriving commercial market and create a landmark development. The asking price is $750,000.

    Property Features for 1805 Ennis Ave & Jeter Dr

    General Information

    Property type
    Land
    Lot Size
    362,114 SF

    HighLights

    • Prime Location
    • Excellent Street Visibility
    • High‑Growth Market
    • Commercial Building
    • Established Restaurant Space
    • Strip Mall Opportunity
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Ennis
    County
    Ellis
    State
    Texas
    Longitude
    -96.6440073
    Latitude
    32.3194501

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    FAQs

    What type of property is this?
    Land - 8.3 Acres, Prime Commercial Location
    Where is this land located?
    The property is located at 1805 Ennis Ave & Jeter Dr Ennis, TX.
    What is the asking price?
    The asking price for this property is $750,000.
    What are key features of this property?
    This property features: Prime Location; Excellent Street Visibility; High-Growth Market
    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

    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
    1805 Ennis Ave & Jeter Dr Ennis, TX 75119
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