Tbd Eastgate Rd Midlothian, TX 76065
- Commercial real estate
- 6.10 lot acres
Current Use by Public Records
- Commercial real estate
Property Details for Tbd Eastgate Rd
- Lot size
- 6.10 lot acres
- Property type
- Commercial real estate
Description
This exceptional 6.1-acre parcel presents a unique investment opportunity in the thriving Midlothian, TX market. Strategically located adjacent to the established Eastgate Industrial Park to the west and the expanding Villages of Walnut Grove residential subdivision to the east, this property enjoys a highly desirable location. The proximity to both industrial and residential areas offers significant potential for diverse commercial development. Currently part of a larger Planned Development (PD), the property will likely require rezoning, opening possibilities for Light Industrial or Commercial uses. The upcoming Phase III development of the Villages of Walnut Grove will include an access street directly onto the 6.1-acre tract, significantly enhancing accessibility and visibility. This access point, coupled with the existing proximity to the industrial park, makes this land particularly well-suited for a variety of commercial ventures. Imagine the possibilities: a neighborhood retail center catering to the growing residential population, or a much-needed storage facility serving both the industrial park and the surrounding community. This is a rare opportunity to acquire a sizable tract of land in a rapidly developing area with excellent potential for substantial return on investment. The property's location and future access make it an attractive proposition for developers seeking a prime location for commercial development in Midlothian. Serious inquiries are encouraged. The asking price is $1,700,000.
Value Estimations
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AI approach
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Midlothian
- County
- Ellis
- State
- Texas
- Longitude
- -96.9875
- Latitude
- 32.4775