Your AI Navigator in Commercial Real Estate
Sign Up Successful!
You now have access to more from Realmo!
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search

    TX-73 Spur Midlothian, TX 76065

    For Sale
    $2,500,000

    19.1 Acres, Mixed-Use Zoning, High Growth Area

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    364
    This exceptional 19.1-acre tract presents a unique investment opportunity in Midlothian, Texas. Located at TX-73 Spur, zip code 76065, in Ellis County, this property boasts flexible zoning, allowing for both commercial and residential development. Specifically, the permitted zoning includes MD 1 and MD 2 (medium residential, allowing for duplexes), and C (commercial). The land's strategic location offers significant advantages. It's directly adjacent to a new, 69-acre retail development currently under construction at the southeast corner of Hwy 67 and Business 287 (Main Street). This prime location shares the north and west property lines with this burgeoning retail center, ensuring high visibility and accessibility. While the property includes a creek and some associated floodplain, the substantial acreage and diverse zoning potential make it an attractive proposition for developers seeking a mixed-use project. The asking price for this significant land parcel is $2,500,000. This presents a compelling opportunity to capitalize on the rapid growth and development occurring in this dynamic Midlothian area. The property's proximity to the new retail development promises strong future appreciation and a diverse range of potential uses.

    Property Features for TX-73 Spur

    General Information

    Property type
    Land
    Lot Size
    831,996 SF

    HighLights

    • $2,500,000 asking price.
    • 19.1‑acre land parcel.
    • Commercial and residential zoning (MD 1, MD 2, C).
    • Located in Midlothian, TX, 76065, at TX‑73 Spur.
    • Adjacent to a new 69‑acre retail development.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Midlothian
    County
    Ellis
    State
    Texas
    Longitude
    -97.0052433
    Latitude
    32.4759165

    Nearby Similar for Sale

    • $699,000
      1.01 Acres

      New Duplex in Midlothian, TX

      New construction duplex on an acre lot, fully leased.
      4420-4422 Clovis Ct, Midlothian, TX 76065
      View Details
    • New
      $999,999
      10.00 Acres

      Spacious Estate on Secluded Acres

      3,816 SF home on 10 acres, ideal for business.
      3650 Mount Zion Rd, Midlothian, TX 76065
      View Details
    • $699,000
      1.01 Acres

      New Construction Duplex Investment Opportunity

      New construction duplex in Midlothian, TX, with estimated completion November 2025.
      4016-4018 Clovis St, Midlothian, TX 76065
      View Details
    • $707,000
      1.01 Acres

      New Construction Duplex on Acre Lot

      New construction duplex in Midlothian, TX, estimated completion May 2025.
      4421-4423 Clovis Ct, Midlothian, TX 76065
      View Details
    • $699,000
      1.01 Acres

      New Construction Duplex Investment Opportunity

      New construction duplex in Midlothian, TX, with projected December 2025 completion.
      4027-4029 Clovis St, Midlothian, TX 76065
      View Details
    • $699,000
      1.01 Acres

      New Construction Duplex Investment Opportunity

      New construction duplex in Midlothian, TX, estimated completion December 2025.
      7024-7026 Guilford Ct, Midlothian, TX 76065
      View Details

    FAQs

    What type of property is this?
    Land - 19.1 Acres, Mixed-Use Zoning, High Growth Area
    Where is this land located?
    The property is located at TX-73 Spur Midlothian, TX.
    What is the asking price?
    The asking price for this property is $2,500,000.
    What are key features of this property?
    This property features: $2,500,000 asking price.; 19.1-acre land parcel.; Commercial and residential zoning (MD 1, MD 2, C).
    Request Owner's contact information
    TX-73 Spur Midlothian, TX 76065
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    TX-73 Spur
    Midlothian, TX 76065
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    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
    TX-73 Spur Midlothian, TX 76065
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Google sign-in failed. Please try again or use another login method.
    Create New Password
    • At least 8 characters
    • Contains both letters and numbers
    • Contains uppercase and lowercase letters
    • At most 32 characters
    • Password required
    • Password reset link has expired. Please request a new one.