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    287 Walnut Grv And Us Hwy Midlothian, TX 76065

    For Sale
    Contact for pricing

    Prime Ellis County commercial land, ideal for development.

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    363
    This exceptional 15.959-acre commercial land parcel is situated in Midlothian, Texas, within the Walnut Grove Business Park, at the intersection of S Walnut Grove and US Hwy 287. The property boasts a highly desirable Commercial zoning designation and readily available utilities. Its strategic location offers unparalleled access and visibility. Across the street sits the recently opened (2022) Baylor Scott & White Urgent Care facility, and the property is adjacent to the rapidly developing BridgeWater master-planned community. BridgeWater's expansive plans include approximately 2,000 single-family homes, 160 townhomes, and 26 acres dedicated to commercial development, ensuring significant future growth and increased property value. A new medical office building is currently under construction nearby, further solidifying the area's burgeoning medical sector. This presents a unique opportunity for investors and developers. Note that an additional, adjacent 22-acre tract is also available for purchase, either separately or in conjunction with this 15.959-acre parcel, providing flexibility for large-scale projects. The property's size, location, and zoning make it an exceptional investment opportunity in a thriving Texas market. Pricing is available upon request. The zip code is 76065.

    Property Features for 287 Walnut Grv And Us Hwy

    General Information

    Property type
    Land
    Lot Size
    695,174 SF

    HighLights

    • 15.959± acre commercial land site.
    • Utilities available on‑site.
    • Commercially zoned.
    • Price available upon request.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Midlothian
    County
    Ellis
    State
    Texas
    Longitude
    -96.9423502
    Latitude
    32.4611012

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    FAQs

    What type of property is this?
    Land - Prime Ellis County commercial land, ideal for development.
    Where is this land located?
    The property is located at 287 Walnut Grv And Us Hwy Midlothian, TX.
    What are key features of this property?
    This property features: 15.959± acre commercial land site.; Utilities available on-site.; Commercially zoned.
    (214) 294-4400
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    287 Walnut Grv And Us Hwy Midlothian, TX 76065
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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 Walnut Grv And Us Hwy Midlothian, TX 76065
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