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Property profile & analytics
OFF-MARKET
Warehouses

1705 I-45 Ennis, TX 75119

34,000 SF 10472 ac lot Built 2019
Property ID
Property summary
AI-generated overview

This exceptional Class A warehouse, totaling 34,000 square feet, is situated on approximately 10.64 acres within a designated Opportunity Zone in Ennis, Texas. Built in 2019, this single-building property boasts 100% HVAC, a patio, and a second-floor terrace. The expansive lot size offers significant potential for future development or expansion. The property's zoning allows for a wide variety of commercial uses, making it an ideal investment for owner-users or developers. Its strategic location near the intersection of I-45 and Hwy 287 ensures high visibility and accessibility, with a daily traffic count exceeding 102,000 vehicles. Proximity to Lake Halbert and Richland-Chambers Reservoir adds to its appeal. The property's versatility lends itself to various uses, including self-storage and RV/boat storage. While approximately 3 acres of an adjacent, undeveloped 11.79-acre tract are within a floodplain, the warehouse itself is situated on higher ground. The property is minutes from numerous restaurants, hotels, and a short drive from historic downtown Corsicana. This is a rare opportunity to acquire a modern, well-located warehouse in a thriving Texas market. The total acreage encompasses approximately 21 acres, with approximately 21 developable acres. The property is currently vacant.

Property profile
Verified
Property type Warehouses
Year built 2019
Total area 34,000 SF
Lot 10472 ac (456,160,320 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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