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Property profile & analytics
OFF-MARKET
Neighborhood centers

1037 Hwy. 287 Byp Waxahachie, TX 75165

5,000 SF Built 1991
Property ID
Property summary
AI-generated overview

Plaza 287, located at 1037 W. U.S. Hwy. 287 Bypass in Waxahachie, Texas, presents a prime retail opportunity. This Class B strip center offers a total of 5,000 square feet in a single building constructed in 1991. Currently, there is one available space of 1,000 square feet, representing a minimum divisible unit. The maximum contiguous space available is also 1,000 square feet. The property sits on a 0.64-acre lot and benefits from high visibility due to its frontage on the busy W US Highway 287 Bypass. The property is categorized as a multi-tenant building, ideal for businesses seeking a location with established foot traffic. Located in Ellis County, Texas, with a zip code of 75165, this property offers excellent access and exposure for retail ventures. The property's location provides easy access for customers and employees alike. This is an exceptional opportunity for businesses seeking a well-positioned retail space in a thriving community. The property's size and location make it suitable for a variety of retail uses.

Property profile
Verified
Property type Neighborhood centers
Year built 1991
Total area 5,000 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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Comparable Approach Comparable
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Blend (final) Blend
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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