901 Highway 77 Waxahachie, TX 75165
This exceptional 5-acre tract of land presents a remarkable opportunity for the development of a 155-unit assisted living facility. Strategically located at the southeast corner of US Hwy 77 and Maplewood Drive in Waxahachie, Texas, this property boasts ±576.92 feet of frontage on US Hwy 77, providing unparalleled visibility and accessibility. The site's proximity to major transportation arteries, including I-35E and US-287, ensures convenient access for residents, staff, and visitors. Ellis County's thriving community offers a strong potential market for senior living services. The property is zoned C, including Assisted Living (PD-90), simplifying the development process and minimizing potential delays. This prime location, combined with the existing zoning and ample acreage, makes this an ideal investment for developers seeking to capitalize on the growing demand for assisted living facilities in the Waxahachie area. The property's location offers easy access to US-77, I-35E, and US-287, ensuring convenient commutes for both residents and staff. Detailed information and pricing are available upon request. This is a rare opportunity to acquire a well-positioned site ready for immediate development. Don't miss out on this chance to build a thriving assisted living community in a rapidly growing market.
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.