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    Highway 287 Byp Waxahachie, TX 75165

    Sponsored
    For Sale
    Contact for pricing

    High-visibility retail/office tract in booming Ellis County.

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    391
    This exceptional commercial property, located at the intersection of Brown Street and US Highway 287 Bypass in Waxahachie, Texas (zip code 75165), presents a unique investment opportunity. The property is zoned for General Retail (GR) and offers 1 to 5 acres of land, ideal for a variety of commercial uses including retail, restaurants, general offices, and medical facilities. Its strategic location benefits from high visibility and accessibility, making it an attractive site for businesses seeking strong exposure to a growing market. The area is experiencing significant residential growth, ensuring a robust customer base for future tenants. This is further supported by recent developments, including the opening of the Clear Sky Hospital in August 2023 and the acquisition of over two acres by QT at a nearby corner, with construction commencing shortly. The land value ranges from $12 to $22 per square foot, reflecting the property's prime location and development potential. This property offers a compelling combination of location, zoning, and growth potential, making it an excellent investment for discerning buyers seeking a foothold in a thriving Texas market. Ellis County provides a strong foundation for commercial success, and this site is perfectly positioned to capitalize on the area's continued expansion.

    Property Features for 0 Highway 287 Byp

    General Information

    Property type
    Land
    Lot Size
    43,560 SF
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Waxahachie
    County
    Ellis
    State
    Texas
    Longitude
    -96.8055235
    Latitude
    32.3700276

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    FAQs

    What type of property is this?
    Land - High-visibility retail/office tract in booming Ellis County.
    Where is this land located?
    The property is located at Highway 287 Byp Waxahachie, TX.
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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
    Highway 287 Byp Waxahachie, TX 75165
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