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    605 Service Rd Ferris, TX 75125

    For Sale
    Contact for pricing

    135 Acres, Golf Course, High Traffic

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    363
    This exceptional 135.22-acre property in Ferris, Texas, presents a unique mixed-use development opportunity. Currently operating as the Old Brickyard Golf Course, the site boasts an 18-hole, 6,500-yard course built in 2001, including a 20,258 square foot clubhouse, cart warehouse, and maintenance shop. The property features approximately 4,000 linear feet of frontage on Interstate 45, a major thoroughfare with a daily traffic count of 47,437 vehicles. Its strategic location offers significant advantages, situated just 20 miles south of Dallas' central business district and directly adjacent to the ongoing Loop 9 construction and its interchange with IH-45. Across the interstate lies Woodstone, a conceptual master-planned community encompassing over 5,000 acres. While the existing golf course, with its practice facility, pro shop, and weekend bar and grill, generates current income, the land's true potential lies in its high-exposure mixed-use development possibilities, capitalizing on its prime location and substantial frontage. The property's zoning is CC - Commercial Corridor, allowing for a wide range of development options. Water access for irrigation is also available on-site. This presents a rare chance to acquire a large tract with significant existing infrastructure and immense future development potential.

    Property Features for 605 Service Rd

    General Information

    Property type
    Land
    Lot Size
    5,890,183 SF

    HighLights

    • 135.22‑acre land parcel zoned CC - Commercial Corridor in Ferris, TX.
    • Existing 20,258 SF of building improvements including a clubhouse, cart warehouse, and maintenance shop.
    • 18‑hole, 6,500‑yard golf course built in 2001.
    • High traffic count of 47,437 vehicles per day on IH‑45.
    • Adjacent to the Woodstone master‑planned community across IH‑45.
    • Proximity to the under‑construction Loop 9 and its interchange with IH‑45.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Ferris
    County
    Ellis
    State
    Texas
    Longitude
    -96.659317718279
    Latitude
    32.540309946597

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    FAQs

    What type of property is this?
    Land - 135 Acres, Golf Course, High Traffic
    Where is this land located?
    The property is located at 605 Service Rd Ferris, TX.
    What are key features of this property?
    This property features: 135.22-acre land parcel zoned CC - Commercial Corridor in Ferris, TX.; Existing 20,258 SF of building improvements including a clubhouse, cart warehouse, and maintenance shop.; 18-hole, 6,500-yard golf course built in 2001.
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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
    605 Service Rd Ferris, TX 75125
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