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    Pimlico Waxahachie, TX 75165

    For Sale
    Contact for pricing

    6 Acres, Master-Planned Development, High Visibility

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    367
    This exceptional 5.996± acre commercial land parcel presents a remarkable investment opportunity in Waxahachie, Texas. Located on the northbound side of US Highway 287, between Ennis and Waxahachie, this property boasts unparalleled visibility and accessibility. Part of a master-planned development, it's ideally suited for a variety of commercial and retail uses, benefiting from the combined population of the greater Waxahachie and Ennis areas, estimated at 80,000 residents. The C-GR (Commercial/Retail) zoning, per Ordinance #2302, allows for diverse development options. US 287 serves as a major transportation corridor connecting Houston, East Texas, and the western Dallas-Fort Worth Metroplex, ensuring high traffic volume. The site enjoys excellent proximity to essential utilities, with water and wastewater readily available. Traffic counts at the US 287 and Pimlico intersection reveal significant daily traffic volumes: 25,435 vehicles eastbound and 12,389 vehicles westbound. This prime location, coupled with its size and zoning, makes this property an exceptional opportunity for investors seeking high-impact commercial development in a rapidly growing area. The property is situated in Ellis County, Texas, with a Waxahachie address and 75165 zip code. The coordinates are 32.3480571 latitude and -96.7829179 longitude.

    Property Features for 0 Pimlico

    General Information

    Property type
    Land

    HighLights

    • 5.996± Acres of commercial land in Waxahachie, TX.
    • C‑GR (Commercial/Retail) zoning per Ordinance #2302.
    • Water and wastewater utilities readily available.
    • High traffic counts: 25,435 vehicles eastbound and 12,389 vehicles westbound on US Hwy 287 at Pimlico intersection.
    • Price upon request.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Waxahachie
    County
    Ellis
    State
    Texas
    Longitude
    -96.7829179
    Latitude
    32.3480571

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    FAQs

    What type of property is this?
    Land - 6 Acres, Master-Planned Development, High Visibility
    Where is this land located?
    The property is located at Pimlico Waxahachie, TX.
    What are key features of this property?
    This property features: 5.996± Acres of commercial land in Waxahachie, TX.; C-GR (Commercial/Retail) zoning per Ordinance #2302.; Water and wastewater utilities readily available.
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    Pimlico 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.

    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
    Pimlico Waxahachie, TX 75165
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