0 Nec Mcalpin @ Fm 663 Midlothian, TX 76065
This exceptional 7.97-acre commercial land parcel is ideally situated at the Northeast corner of McAlpin Road and FM 663 in Midlothian, Texas, zip code 76065. The property offers significant development potential for a variety of commercial uses. Located in Ellis County, this site boasts a strategic location with easy access to major transportation routes, ensuring high visibility and convenient access for businesses and customers. The land is currently available for purchase at an asking price of $2,256,626, translating to a land value of $6.50 per square foot. With no existing buildings or structures, this presents a blank canvas for a new commercial development. The property consists of a single parcel, offering a cohesive and easily managed development site. Further details regarding permitted zoning are available upon request. This is a rare opportunity to acquire a substantial commercial land holding in a rapidly growing area of Texas. Don't miss out on this chance to secure a prime location for your next commercial venture. The coordinates for this property are 32.4255727 latitude and -96.9999578 longitude.
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
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.