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    287 Nwq Lakeview Dr & Hwy Midlothian, TX 76065

    For Sale
    Contact for pricing

    Prime Ellis County commercial acreage.

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    363
    This exceptional 200.03-acre tract of land presents a unique investment opportunity in a rapidly expanding area of Texas. Situated in Ellis County, near the intersection of NWQ Lakeview Drive and Highway 287, this property boasts convenient access to major transportation routes. The land is zoned for Medium Density Residential use, offering considerable development potential. While the total acreage is 200.03 acres, a net usable area of 98.31 acres is available. The property's location between the thriving communities of Mansfield and Midlothian provides access to a growing population and robust infrastructure. Furthermore, its location within the highly-regarded Midlothian Independent School District is a significant advantage. This expansive land parcel is ideal for a variety of commercial ventures, offering significant upside for long-term growth and investment. The property is located in Grand Prairie, Texas, zip code 76065, and its coordinates are 32.5103731 latitude and -97.0640298 longitude. Contact us today to discuss pricing and explore the possibilities of this remarkable property.

    Property Features for 287 Nwq Lakeview Dr & Hwy

    General Information

    Property type
    Land
    Lot Size
    8,713,307 SF

    HighLights

    • Located in a rapidly growing area between Mansfield and Midlothian, TX.
    • Midlothian ISD.
    • Easy access to Highway 287.
    • 98.31 acres of net usable land.
    • Price upon request.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Midlothian
    County
    Ellis
    State
    Texas
    Longitude
    -97.0640298
    Latitude
    32.5103731

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    FAQs

    What type of property is this?
    Land - Prime Ellis County commercial acreage.
    Where is this land located?
    The property is located at 287 Nwq Lakeview Dr & Hwy Midlothian, TX.
    What are key features of this property?
    This property features: Located in a rapidly growing area between Mansfield and Midlothian, TX.; Midlothian ISD.; Easy access to Highway 287.
    Request Owner's contact information
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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 Nwq Lakeview Dr & Hwy Midlothian, TX 76065
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