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Property profile & analytics
OFF-MARKET
Land

0 Highway 287 Waxahachie, TX 75165

20.29 ac lot
Property ID
Property summary
AI-generated overview

This exceptional 20.285-acre commercial land parcel presents a remarkable investment opportunity in the thriving city of Waxahachie, Texas. Strategically located on Highway 287, this property boasts unparalleled visibility and accessibility, with a daily traffic count of 18,949 vehicles. Zoned "CC" Community Commercial, the land is primed for immediate development, offering a diverse range of possibilities for businesses seeking a high-traffic location. All utilities are readily available, simplifying the development process. The property's proximity to major schools, within two minutes' drive, adds to its appeal. Furthermore, its location within a rapidly expanding area, surrounded by new single-family homes, office spaces, retail establishments, and multi-family developments, ensures strong future growth potential. The progressive city government of Waxahachie fosters a supportive environment for business development. This expansive site, situated near Park School House Road, is ideally suited for a variety of commercial ventures, including restaurants, retail spaces, storage facilities, medical offices, or office buildings. The substantial lot size of 883,614.60 square feet provides ample room for large-scale projects. This is a rare opportunity to acquire a significant commercial property in a high-growth area of Ellis County. The asking price is $2,650,843. The property's zip code is 75165.

Property profile
Verified
Property type Land
Lot 20.29 ac (883,615 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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