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Property profile & analytics
OFF-MARKET
Land

I-45 And Zmolek Rd Ennis, TX 75119

57.06 ac lot
Property ID
Property summary
AI-generated overview

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.

Property profile
Verified
Property type Land
Lot 57.06 ac (2,485,534 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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