0 Nwq Hwy 287 & Blackchamp Rd Midlothian, TX 76065
This exceptional 23.84-acre tract of land presents a prime development opportunity at the northwest quadrant (NWQ) of US Highway 287 and Blackchamp Road in Waxahachie, Ellis County, Texas, zip code 76065. Situated at the forefront of the burgeoning Montclair Heights community, this site offers unparalleled access to a rapidly expanding residential market. Montclair Heights is a planned community encompassing 188 acres and featuring 385 single-family homes, ensuring a robust and growing customer base for any commercial development. The property's strategic location provides excellent connectivity to Highway 287, facilitating easy access for commuters and businesses. The site is divisible, allowing for flexibility in development plans to suit various needs and scales. Furthermore, utilities are planned to be delivered directly to the site, simplifying the development process and reducing upfront costs. This location also benefits from proximity to Waxahachie High School, adding to its appeal and potential for synergistic development. This is an exceptional investment opportunity for developers seeking to capitalize on the high-growth potential of this thriving Texas community. The property's size, location, and access to utilities make it ideal for a wide range of commercial ventures.
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.
Costs & Benchmarks
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.