Current Use by Public Records
- Land
Property Details for 0 Longbranch Rd
- Lot size
- 90.00 lot acres
- Property type
- Land
- Property subtype
- Industrial properties
Description
This exceptional 90-acre tract in Ellis County, Texas, presents a unique investment opportunity. Located in Waxahachie near Midlothian, with the address of Longbranch Rd, zip code 76065, and coordinates 32.43880947025946,-96.91482701688632, this property boasts flexible "FD" zoning, allowing for single-family residential development or a planned development approved by the City of Waxahachie. Its strategic location offers significant potential for aviation-related development. Situated conveniently between the 6500' commercial runway of Mid-Way Regional Airport and Longbranch Road, this land was identified as an expansion target in the 2012 Airport Development Plan. The recent revitalization of the Airport administration aims to realize this plan, seeking a partnership to establish an aircraft Maintenance, Repair, and Overhaul (MRO) operation. This could attract corporate aviation fleet operators currently utilizing facilities at DFW International and Love Field. The property's proximity to major transportation arteries and significant urban centers further enhances its value. It's approximately 30 miles south of Downtown Dallas, 32 miles southeast of AT&T Stadium in Arlington, 35 miles south of Love Field, and 40 miles southeast of DFW International Airport. Longbranch Road is designated to become a Type A-1 Major Thoroughfare, extending south alongside the property to US 287. The asking price for this remarkable property is $8,469,457.92. This presents a rare chance to capitalize on the growth potential of this area and contribute to the expansion of Mid-Way Regional Airport.
Value Estimations
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AI approach
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Midlothian
- County
- Ellis
- State
- Texas
- Longitude
- -96.9148
- Latitude
- 32.4388
