0 Parker Hl Rd Ennis, TX 75152
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.
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
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.