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    508 Ennis Ave Ennis, TX 75119

    For Sale
    Contact for pricing

    Prime 0.622-acre commercial lot in Ennis, TX

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    362
    This exceptional 0.622-acre commercial land parcel presents a unique investment opportunity in the thriving city of Ennis, Texas. Located at 508 E Ennis Ave, this property boasts a highly desirable location near a Walmart Supercenter, ensuring high visibility and convenient access for potential businesses. The lot offers direct access to both Ennis Avenue and Knox Avenue, providing excellent street frontage and exposure to significant traffic flow. The property is zoned CC-Corridor Commercial, allowing for a wide range of commercial development possibilities. A key advantage is the absence of deed restrictions, offering flexibility and freedom in development plans. This prime location, combined with the generous lot size and favorable zoning, makes this property an ideal choice for entrepreneurs and investors seeking a strategic foothold in a growing Texas market. The Ellis County location and 75119 zip code further enhance its appeal. The property's coordinates are 32.33085 latitude and -96.6219584 longitude. This is a rare opportunity to acquire a well-situated commercial lot with significant potential for future growth and profitability. Don't miss out on this exceptional offering.

    Property Features for 508 Ennis Ave

    General Information

    Property type
    Land
    Lot Size
    27,094 SF

    HighLights

    • 0.622‑acre commercial lot near Walmart in Ennis, TX, with excellent street frontage on Ennis Ave and Knox Ave.
    • No deed restrictions.
    • CC‑Corridor Commercial zoning.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Paul's Auto Center Car Detailing Service Verizon Internet Service Provider

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Spa & Massage Dental Office Wholesale Shop Auto Repair Shop Hair Salon Clothing Store

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

    Location Insight

    • Map
    • Local Demand
    City
    Ennis
    County
    Ellis
    State
    Texas
    Longitude
    -96.6219584
    Latitude
    32.33085

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    FAQs

    What type of property is this?
    Land - Prime 0.622-acre commercial lot in Ennis, TX
    Where is this land located?
    The property is located at 508 Ennis Ave Ennis, TX.
    What are key features of this property?
    This property features: 0.622-acre commercial lot near Walmart in Ennis, TX, with excellent street frontage on Ennis Ave and Knox Ave.; No deed restrictions.; CC-Corridor Commercial zoning.
    (214) 560-3269
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    508 Ennis Ave Ennis, TX 75119
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    Ennis, TX 75119
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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
    508 Ennis Ave Ennis, TX 75119
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