2051 I-45 Ennis, TX 75119
This exceptional 63-acre tract presents a unique mixed-use development opportunity in Ennis, Texas. Strategically located at 2051 I-45, Ellis County, zip code 75119, this property boasts significant frontage on four sides, including an impressive 1,675 linear feet along Interstate 45. The permitted zoning is PD, allowing for a variety of uses. Preliminary re-platting has been completed and approved by the City of Ennis, streamlining the development process. Utilities are already in place. The site offers exceptional visibility and is surrounded by new residential construction. The acreage is ideally suited for a multifaceted development, encompassing approximately 36.7 acres designated for retail and commercial uses, including space for big-box stores and outparcels. An additional 14.3 acres are allocated for multi-family development, with potential for approximately 315 units. Finally, 11.8 acres are zoned R-5 residential, suitable for approximately 35 units. This property represents a rare chance to capitalize on the growth and potential of Ennis, Texas. Contact us for pricing and further details.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
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Property description
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Risks
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