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    166 Pimlico Dr Waxahachie, TX 75165

    Sponsored
    For Sale
    Contact for pricing

    6-Acre Development Site, US 287 Frontage

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This exceptional 5.996-acre commercial land parcel presents a remarkable opportunity for development. Strategically located on the northbound side of US 287, between Ennis and Waxahachie, Texas, this site boasts exceptional visibility and accessibility. The C-GR zoning permits a variety of retail and commercial uses, making it ideal for businesses seeking high traffic exposure. Situated within a master-planned development, this property benefits from existing infrastructure, including water and wastewater utilities adjacent to the site. US 287 serves as a major transportation corridor connecting Houston, East Texas, and the western Dallas-Fort Worth Metroplex, ensuring significant daily traffic volume. The property's location leverages the combined population base of the greater Waxahachie and Ennis areas, estimated at 80,000 residents. Traffic counts at the US 287 and Pimlico Drive intersection reveal substantial daily vehicle volume: 25,435 vehicles eastbound and 12,389 vehicles westbound. This prime location, combined with its size and zoning, offers unparalleled potential for significant return on investment. The property is located at 166 Pimlico Dr, Waxahachie, TX 75165, in Ellis County.

    Property Features for 166 Pimlico Dr

    General Information

    Property type
    Land
    Lot Size
    261,186 SF

    HighLights

    • 5.996± acre site.
    • C‑GR (Retail/Commercial) zoning, ORD #2302.
    • Water and sewer available.
    • High traffic count: 25,435 vehicles per day eastbound, 12,389 westbound on nearby 287 & Pimlico.
    • Price available upon request.
    Property Profile Location Intelligence

    Current Use by Public Records

    Isalis Gift Shop Party City Party Store Skunk Funk Wholesaler Carl's Trading Co Hat Shop Bushka's Kitchen LLC Outdoor Clothing And Equipment Shop

    Suggested Use

    Building Supply Auto Repair Shop Gym & Fitness Department Store Auto Parts Store Discount Store Convenience Store Garden Center

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Waxahachie
    County
    Ellis
    State
    Texas
    Longitude
    -96.7829179
    Latitude
    32.3480571

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    FAQs

    What type of property is this?
    Land - 6-Acre Development Site, US 287 Frontage
    Where is this land located?
    The property is located at 166 Pimlico Dr Waxahachie, TX.
    What are key features of this property?
    This property features: 5.996± acre site.; C-GR (Retail/Commercial) zoning, ORD #2302.; Water and sewer available.
    Request Owner's contact information
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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
    166 Pimlico Dr Waxahachie, TX 75165
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