848 Old Highway 287 Waxahachie, TX 75165
This Ellis County property, located at 848 Old Highway 287 in Waxahachie, Texas, 75165, presents a unique investment opportunity. Priced at $680,000, this single-tenant industrial property boasts a total of 4,740 square feet, offering a blend of warehouse and office/retail space suitable for various uses. The property is categorized as industrial, office, and retail, and specifically functions as an auto shop, manufacturing facility, and warehouse. The building comprises approximately 3,000 square feet of open warehouse space, complemented by an adjacent 1,740 square foot building. Convenient access to Highway 287 ensures excellent transportation links. Key features include two roll-up doors, providing easy loading and unloading capabilities, and ample parking for staff and customers. The property sits on a 1.14-acre lot, offering potential for expansion or future development. The price per square foot is $143.46. The property consists of two units. Broker co-op is available. This versatile property is ideal for a variety of businesses seeking a strategic location in a growing area. The property's diverse functionality and convenient highway access make it an attractive investment prospect.
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.
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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.