287 Us Hwy Midlothian, TX 76065
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.
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Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
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Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.