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Property profile & analytics
OFF-MARKET
Land

0 Parker Hl Rd Ennis, TX 75152

64.65 ac lot
Property ID
Property summary
AI-generated overview

This exceptional 64.65-acre commercial land parcel presents a unique investment opportunity in Palmer, Texas. Strategically located at the intersection of Interstate Highway 45 and Parker Hill Road in Ellis County, this property boasts unparalleled accessibility and high visibility. Zoned C2, PD, R-3, and AG, the land offers diverse development potential, including but not limited to retail, office, hospitality, or even future residential projects. The expansive acreage provides ample space for large-scale commercial ventures, while its proximity to I-45 ensures convenient connectivity and significant exposure. The property is infrastructure-ready, simplifying the development process. Given the ongoing growth and development in the Palmer and Parker Hill Road area, this represents a strong investment opportunity for those seeking to capitalize on the rising demand for commercial and residential space in this thriving region. Preliminary due diligence suggests suitability for data center development. The property's APN is 245362. The asking price is $2,553,675. This is a for-sale-by-owner listing.

Property profile
Verified
Property type Land
Lot 64.65 ac (2,816,154 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
AI Approach AI
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CAP Approach CAP
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Comparable Approach Comparable
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Blend (final) Blend
by Request
Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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