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Property profile & analytics
OFF-MARKET
Land

1805 Ennis Ave & Jeter Dr Ennis, TX 75119

8.31 ac lot
Property ID
Property summary
AI-generated overview

This exceptional 8.313-acre commercial land parcel presents a remarkable investment opportunity in the rapidly growing city of Ennis, Texas. Strategically located on the southwest corner of Business 287 (Main Street) and Jeter Drive, this property offers unparalleled visibility and accessibility. The site boasts significant street frontage along both major thoroughfares, providing optimal exposure for a wide range of commercial developments. Zoned as Commercial Corridor District (CC), the property is ideally suited for retail shopping centers, restaurants, commercial recreation facilities, and various business services. The zoning allows for uses such as home furnishings stores, apparel shops, electronics retailers, and financial institutions. Given its location along major regional arteries, Business 287 and IH-45, the property is designed to attract high volumes of vehicular traffic, including trucks and commercial vehicles. The city of Ennis's recent ranking as one of Texas's fastest-growing cities further underscores the exceptional potential of this investment. The property's size and zoning flexibility make it suitable for a variety of development projects, promising significant returns for the discerning investor. This vacant land presents a unique chance to capitalize on Ennis's thriving commercial market and create a landmark development. The asking price is $750,000.

Property profile
Verified
Property type Land
Lot 8.31 ac (362,114 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
Value estimations
Realmo proprietary · 4 methods
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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