Property profile

848 Old Highway 287 Waxahachie, TX 75165

OFF-MARKET
Warehouses
4,740 SF 1.14 ac lot
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Property summary

AI-generated overview

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.

Property profile

Verified
Property type Warehouses
Total area 4,740 SF
Lot 1.14 ac (49,658 SF)

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

848 Old Highway 287 Waxahachie, TX 75165
Waxahachie metro
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Value estimations

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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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