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Property profile & analytics
OFF-MARKET
Land

287 Walnut Grv And Us Hwy Midlothian, TX 76065

15.96 ac lot
Property ID
Property summary
AI-generated overview

This exceptional 15.959-acre commercial land parcel is situated in Midlothian, Texas, within the Walnut Grove Business Park, at the intersection of S Walnut Grove and US Hwy 287. The property boasts a highly desirable Commercial zoning designation and readily available utilities. Its strategic location offers unparalleled access and visibility. Across the street sits the recently opened (2022) Baylor Scott & White Urgent Care facility, and the property is adjacent to the rapidly developing BridgeWater master-planned community. BridgeWater's expansive plans include approximately 2,000 single-family homes, 160 townhomes, and 26 acres dedicated to commercial development, ensuring significant future growth and increased property value. A new medical office building is currently under construction nearby, further solidifying the area's burgeoning medical sector. This presents a unique opportunity for investors and developers. Note that an additional, adjacent 22-acre tract is also available for purchase, either separately or in conjunction with this 15.959-acre parcel, providing flexibility for large-scale projects. The property's size, location, and zoning make it an exceptional investment opportunity in a thriving Texas market. Pricing is available upon request. The zip code is 76065.

Property profile
Verified
Property type Land
Lot 15.96 ac (695,174 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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