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    Sterrett Rd Waxahachie, TX 75165

    For Sale
    $750,000

    Prime 0.585-acre commercial lot.

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    367
    This exceptional 0.585-acre commercial land parcel is strategically located at the Northwest corner of Highway 77 and East Sterrett Road in Waxahachie, Texas, zip code 75165. The property boasts a highly desirable location within a dense commercial corridor, ensuring high traffic and excellent visibility for any business. Zoned for commercial use, this multi-tenancy lot presents a fantastic opportunity for developers or investors seeking a prime location to build or expand their operations. The asking price is $750,000. The property consists of one building on the 0.585-acre lot. Its prime location in Ellis County, Texas, offers easy access to major transportation routes and a thriving local economy. This is an ideal site for a variety of commercial ventures, benefiting from the high volume of daily traffic passing through this busy intersection. The property's size and zoning make it suitable for a range of development possibilities, from retail spaces to office buildings, or other commercial uses. Don't miss this chance to acquire a highly visible and strategically located commercial property in a rapidly growing area. The coordinates are 32.4733408 latitude and -96.8297181 longitude.

    Property Features for 0 Sterrett Rd

    General Information

    Property type
    Land
    Lot Size
    25,483 SF

    Building Details

    Buildings
    1

    HighLights

    • 0.585‑acre commercial lot at the NW corner of Hwy 77 & E Sterrett Rd, Waxahachie, TX 75165.
    • High traffic and excellent visibility due to its location in a dense commercial corridor.
    • Zoned for commercial use, suitable for multi‑tenant development.
    • Asking price: $750,000.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Waxahachie
    County
    Ellis
    State
    Texas
    Longitude
    -96.8297181
    Latitude
    32.4733408

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    FAQs

    What type of property is this?
    Land - Prime 0.585-acre commercial lot.
    Where is this land located?
    The property is located at Sterrett Rd Waxahachie, 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: 0.585-acre commercial lot at the NW corner of Hwy 77 & E Sterrett Rd, Waxahachie, TX 75165.; High traffic and excellent visibility due to its location in a dense commercial corridor.; Zoned for commercial use, suitable for multi-tenant development.
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    Sterrett Rd 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
    Sterrett Rd Waxahachie, TX 75165
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