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    Property profile & analytics

    Parker Hl Rd Ennis, TX 75152

    • Land
    • 64.65 lot acres
    OFF-MARKET
    Value Estimation
    Location Intelligence

    Current Use by Public Records

    • Land

    Property Details for 0 Parker Hl Rd

    Lot size
    64.65 lot acres
    Property type
    Land

    Description

    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.

    Value Estimation

    Powered by Realmo proprietary methodology Last update: July 3, 2025

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Ennis
    County
    Ellis
    State
    Texas
    Longitude
    -96.6554
    Latitude
    32.4147

    Comparable in this City

    • Value Estimation by Request
      6.55 Acres

      Interstate -45

      Land • 6.55 Acres
      0 Interstate -45, Palmer, TX 75152
      View Details
    • Value Estimation by Request

      8200 Interstate 45

      Distribution properties
      8200 Interstate 45, Palmer, TX 75152
      View Details
    • Value Estimation by Request
      0.96 Acres

      604 Jefferson St

      Land • 0.96 Acres
      604 Jefferson St, Palmer, TX 75152
      View Details
    • Value Estimation by Request
      130.00 Acres

      7014 Fm 879

      Farms • 130.00 Acres
      7014 Fm 879, Palmer, TX 75152
      View Details
    • Value Estimation by Request
      1.90 Acres

      Main St

      VACANT COMMERCIAL LAND • 1.90 Acres
      Main St, Palmer, TX 75152
      View Details
    • Value Estimation by Request
      0.20 Acres

      Marshall St

      VACANT COMMERCIAL LAND • 0.20 Acres
      Marshall St, Palmer, TX 75152
      View Details

    Similar Nearby for Sale

    • Contact for pricing
      6.55 Acres

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      153 Acres of Land in Ennis

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      75 Acres with I-45 Access

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      Land For Sale

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    Parker Hl Rd
    Ennis, TX 75152
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
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