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    1705 I-45 Ennis, TX 75119

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    1705 I-45 Ennis, TX 75119


    • Warehouses
    • 34,000 SF
    • 10,472.00 lot acres
    Off-Market

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    Cap Rate Potential
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    Current Use by Public Records

    • Warehouses

    Property Details for 1705 I-45

    Year built
    2019
    Lot size
    10,472.00 lot acres
    Property size
    34,000 SF
    Property type
    Warehouses
    Property subtype
    Industrial properties

    Description

    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.


    Value Estimations

    based on Realmo’s proprietary methodology
    • AI approach

    • CAP approach

    • Comparable approach

    • Alternative Use


    Location Insight

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    • Local Demand
    City
    Ennis
    County
    Ellis
    State
    Texas
    Longitude
    -96.3439
    Latitude
    32.0388
    More about this property
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