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Property profile & analytics
OFF-MARKET
Land

111 Ike Rd Waxahachie, TX 75165

1.07 ac lot
Property ID
Property summary
AI-generated overview

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.

Property profile
Verified
Property type Land
Lot 1.07 ac (46,522 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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CAP Approach CAP
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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