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Property profile & analytics
OFF-MARKET
Land

287 Us Hwy Midlothian, TX 76065

0.71 ac lot
Property ID
Property summary
AI-generated overview

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 profile
Verified
Property type Land
Lot 0.71 ac (30,753 SF)
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
  • Isalis (Bike/Boat/Book/etc) Store
  • Party City Party Supply Store (Bike/Boat/Book/etc) Store
  • Skunk Funk Big Box & Wholesale Store
  • Carl's Trading Co Hat Shop
  • Bushka's Kitchen LLC (Bike/Boat/Book/etc) Store
Value estimations
Realmo proprietary · 4 methods
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CAP Approach CAP
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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