I-45 And Zmolek Rd Ennis, TX 75119
This exceptional 57.06-acre tract presents a remarkable opportunity for diverse development projects. Strategically located in Ellis County, Texas, near the intersection of I-45 and Zmolek Road in Alma (zip code 75119), this property boasts a prime location with convenient access to major transportation arteries. The land is zoned for commercial use, offering flexibility for a wide range of development options, including residential, commercial, and industrial ventures. The asking price is $3,500,000, translating to a land value of $1.75 per square foot. Existing improvements include a substantial 1,600+ square foot home featuring an attached two-car garage, providing potential for immediate use or future redevelopment. Additional structures on the property include a barn/workshop and an older barn, offering further versatility. Traffic exiting the I-45 northbound exit ramp has direct access to the property, ensuring high visibility and accessibility. This property is ready for immediate development and represents a significant investment opportunity in a rapidly growing area. The property's size and location make it ideal for a variety of large-scale projects.
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
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Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.