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Property profile & analytics
OFF-MARKET
Land

287 Nec Primrose @ Hwy Midlothian, TX 76065

6.05 ac lot
Property ID
Property summary
AI-generated overview

This exceptional 6.05-acre commercial land parcel presents a remarkable investment opportunity in the thriving city of Midlothian, Texas. Located at the northeast corner of Primrose and U.S. Highway 287, this property boasts unparalleled visibility and accessibility, making it ideal for a wide range of commercial developments. The expansive lot size offers ample space for various projects, from retail centers and restaurants to office buildings and industrial facilities. Its strategic location along a major highway ensures high traffic volume and significant exposure to potential customers. The property is zoned for commercial use, simplifying the development process and minimizing potential delays. With its prime location and substantial size, this land parcel represents a rare chance to acquire a highly desirable commercial property in a rapidly growing Texas market. The address is specifically NEC Primrose @ U.S. Highway 287, Midlothian, TX 76065, situated within Ellis County. The asking price for this exceptional opportunity is $2,240,000. This property consists of one building, though the square footage and year built are not specified. The number of stories is also not specified. This is a multi-tenancy property.

Property profile
Verified
Property type Land
Lot 6.05 ac (263,538 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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Comparable Approach Comparable
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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