111 Ike Rd Waxahachie, TX 75165
This exceptional 1.068-acre commercial lot presents a remarkable opportunity for entrepreneurs seeking a strategic location in Waxahachie, Texas. Situated on the hard corner of FM 879 and Ike Rd, this property offers unparalleled accessibility and visibility. Located in Ellis County, this lot is zoned for commercial and industrial use and boasts no restrictive covenants, providing maximum flexibility for development. The property is already equipped with a water meter and on-site electricity, significantly reducing initial setup costs. While a septic system is required for sewer service, the convenience of a fire hydrant installed on the property's southern boundary adds to its practicality. This prime location provides easy access to Highway 287, ensuring seamless connectivity to major transportation routes. The lot is platted and ready for immediate development, making it ideal for businesses needing office and warehouse space. The address is 111 Ike Rd, Waxahachie, TX 75165, with the APN 269496. This is an individual ownership opportunity, priced at $255,000. Don't miss this chance to establish your business in a thriving Ellis County location.
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.
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Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.