0 Swq I-35 & Compton Dr Waxahachie, TX 75167
This exceptional 9.595-acre commercial land parcel presents a unique investment opportunity in the rapidly growing city of Waxahachie, Texas. Located at the strategic intersection of I-35 and Compton Drive, this property boasts convenient ingress/egress to I-35E, ensuring high visibility and accessibility. Zoned for General Retail (GR) and Single Family-1 (SF-1), the land offers flexibility for a variety of development options. The Future Land Use Plan (FLUP) designates this area as a "Residential Neighborhood," encouraging small-scale, neighborhood-friendly commercial uses alongside diverse housing types such as duplexes, cottage courts, and townhomes. This plan promotes a walkable, traditional grid network, creating a vibrant and connected community. The city welcomes higher-density projects on a case-by-case basis, considering design quality and connectivity. Utilities are readily available, with city sewer in close proximity, a 12-inch city water line along the I-35 frontage, and an 8-inch line on Compton Drive. Oncor Electric services the area. Priced at $2,850,000, or $6.81 per square foot, this land represents a compelling investment in a thriving Texas market. The property's location in Ellis County, zip code 75167, offers easy access to major transportation routes and a growing population. This is an ideal site for developers seeking to capitalize on Waxahachie's robust growth and create a thriving commercial and residential development.
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.