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Property profile & analytics
OFF-MARKET
Land

2322 Highway 287 Business Waxahachie, TX 75167

20 ac lot
Property ID
Property summary
AI-generated overview

This exceptional 20-acre commercial land parcel, located at 2322 W Highway 287 Business in Waxahachie, Ellis County, Texas, presents a remarkable investment opportunity. Priced at $4,356,000, this property offers significant potential for a variety of development projects. The land is zoned for Single Family -1, providing flexibility for various commercial uses. With a land value of $5 per square foot, this represents a compelling price point for a substantial acreage in a rapidly growing area. The property's expansive size allows for ample space to accommodate large-scale developments, catering to diverse needs. Its strategic location along Highway 287 Business ensures high visibility and accessibility, making it an ideal site for retail, multifamily, or light commercial ventures. The address is 2322 W Highway 287 Business, Waxahachie, TX 75167. The property's latitude and longitude coordinates are 32.3713046, -96.8994495 respectively. Subject to zoning approval, the possibilities are extensive, making this a truly unique opportunity for discerning investors seeking a prime location for their next project. This is a rare chance to acquire a significant land holding in a thriving Texas market.

Property profile
Verified
Property type Land
Lot 20 ac (871,200 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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