0 Ennis Ave Ennis, TX 75119
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.
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
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
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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.