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    287 Us Hwy Midlothian, TX 76065

    For Sale
    Contact for pricing

    0.7-acre Pad Site, Prime Location

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    363
    This exceptional 0.706-acre commercial land parcel presents a remarkable investment opportunity in Midlothian Towne Crossing, a thriving Kroger-anchored shopping center in Ellis County, Texas. Situated at the intersection of US Highway 287 (41,000 vehicles daily) and FM 633 (19,000 vehicles daily), this pad site benefits from unparalleled visibility and accessibility. The property is strategically located within one of North Texas' fastest-growing communities, boasting a high-traffic count and proximity to successful national retailers. Neighboring businesses include Panda Express, Jack in the Box, Chick-fil-A, McDonald's, and Chili's, ensuring a robust and established commercial environment. The center's anchor, a 123,000 square-foot Kroger Marketplace, consistently ranks in the top 10% of Kroger locations in Texas, according to Placer.ai. This prime location, coupled with the presence of other national retailers such as Ross, Burkes Outlet, Joann, Petco, Ulta Beauty, and Famous Footwear, guarantees significant foot traffic and strong potential for future development. The property is zoned for commercial use and offers an ideal opportunity for businesses seeking high visibility and a thriving retail environment in a rapidly expanding market. The site's 2017 construction ensures modern infrastructure and immediate development potential. This is a rare opportunity to acquire a highly desirable commercial land parcel in a premier location. The zip code is 76065.

    Property Features for 287 Us Hwy

    General Information

    Property type
    Land
    Lot Size
    30,753 SF

    HighLights

    • 0.706‑acre commercial land parcel in Midlothian, TX.
    • Located in Midlothian Towne Crossing, a Kroger‑anchored shopping center.
    • Prime location at the intersection of Hwy 287 (41,000 VPD) and FM 633 (19,000 VPD).
    • Surrounded by strong national retailers including Panda Express, Jack in the Box, Chick‑fil‑A, McDonald's, Chili's, Ross, Burkes Outlet, Joann, Petco, Ulta Beauty, and Famous Footwear.
    • Kroger Marketplace anchor store (123,000 SF) ranks in the 90th percentile for Kroger locations in Texas.
    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

    Realty agency Bar & Pub Garden Center

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

    Location Insight

    • Map
    • Local Demand
    City
    Midlothian
    County
    Ellis
    State
    Texas
    Longitude
    -96.9776026
    Latitude
    32.4702422

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    FAQs

    What type of property is this?
    Land - 0.7-acre Pad Site, Prime Location
    Where is this land located?
    The property is located at 287 Us Hwy Midlothian, TX.
    What are key features of this property?
    This property features: 0.706-acre commercial land parcel in Midlothian, TX.; Located in Midlothian Towne Crossing, a Kroger-anchored shopping center.; Prime location at the intersection of Hwy 287 (41,000 VPD) and FM 633 (19,000 VPD).
    (214) 294-4400
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    287 Us Hwy Midlothian, TX 76065
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    Midlothian, TX 76065
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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
    287 Us Hwy Midlothian, TX 76065
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