0 Highway 287 Waxahachie, TX 75165
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.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.