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    Nwq Us Hwy 287 Waxahachie, TX 75165

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    For Lease
    Contact for pricing

    23.84 Acres, Waxahachie, TX. High-Growth Potential.

    Lot size:
    1 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    391
    This exceptional 23.84-acre residential land parcel presents a unique investment opportunity in the thriving city of Waxahachie, Texas. Strategically located at the northwest quadrant of US Highway 287 and Montclair Heights, this property enjoys unparalleled visibility and accessibility. The site is ideally positioned at the entrance to the burgeoning Montclair Heights community, a planned development encompassing 188 acres and featuring 385 single-family homes. This prime location ensures high traffic volume and strong exposure, making it perfect for a variety of commercial ventures that would benefit from proximity to a rapidly expanding residential area. The property's 23.84 acres offer significant development potential, catering to businesses seeking to capitalize on the area's robust growth trajectory. Situated in Ellis County, Texas, with a Waxahachie zip code of 75165, this land offers easy access to US Highway 287, providing excellent connectivity for commuters and businesses alike. The property's single-tenant designation allows for flexibility in development plans. This is a rare opportunity to acquire a substantial land parcel in a high-growth market with exceptional visibility and convenient access to major transportation routes. Don't miss this chance to secure a piece of Waxahachie's future.

    Property Features for 0 Nwq Us Hwy 287

    General Information

    Property type
    Land
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    1 SF

    Unit(s) available at that property

    Space
    Available Space
    Size
    1 SF

    HighLights

    • 23.84‑acre land parcel available, with potential for subdivision.
    • Prime location at US Hwy 287 and Montclair Heights, near Waxahachie High School.
    • Utilities will be provided to the site.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Waxahachie
    County
    Ellis
    State
    Texas
    Longitude
    -96.8055253
    Latitude
    32.3700272

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    FAQs

    What type of property is this?
    Land - 23.84 Acres, Waxahachie, TX. High-Growth Potential.
    Where is this land located?
    The property is located at Nwq Us Hwy 287 Waxahachie, TX.
    What are key features of this property?
    This property features: 23.84-acre land parcel available, with potential for subdivision.; Prime location at US Hwy 287 and Montclair Heights, near Waxahachie High School.; Utilities will be provided to the site.
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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

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    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
    Nwq Us Hwy 287 Waxahachie, TX 75165
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