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Property profile & analytics
OFF-MARKET
Land

0 Ennis Ave Ennis, TX 75119

3.25 ac lot
Property ID
Property summary
AI-generated overview

Exceptional commercial land opportunity awaits in Ellis County, Texas. This 3.25-acre parcel is strategically located at the intersection of Highway 287 and Old Highway 287 in Ennis, offering high visibility and convenient access. Situated just five minutes from the city of Ennis and between Waxahachie and Ennis, this property benefits from significant traffic flow. The lot is part of a larger 6.289-acre tract (comprised of three parcels: 269223, 269224, and 269225), all sold together, boasting 1,224 feet of road frontage. The property is zoned for commercial use, making it ideal for a variety of businesses. Its proximity to existing gas stations and other stores further enhances its potential. The asking price is $450,000. Built in 1900, this property presents a unique opportunity to develop a thriving commercial venture in a high-traffic area. The land is situated just east of a billboard, providing excellent visibility. This is a rare opportunity to acquire a substantial commercial lot in a rapidly growing area.

Property profile
Verified
Property type Land
Lot 3.25 ac (141,570 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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