Property profile

1012 E Ennis Ave Ennis, TX 75119

FOR LEASE
Commercial real estate
Property ID
US83-3984756
31,021 SF 3.54 ac lot Built 2002
Entity Owned 12-yr Hold ~ Est. High Equity
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1012 E Ennis Ave, Ennis, TX 75119 For Lease
Contact for pricing 5,500 SF available
1012 E Ennis Ave, Ennis, TX 75119
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Property summary

AI-generated overview

Ennis Plaza, located at 1012 E Ennis Ave, Ennis, TX 75119, offers exceptional office space opportunities in Ellis County. This three-building complex features a total of 31,396 square feet of retail and office space, with a convenient single-story design. Currently, there are two available suites ideal for a variety of businesses. Suite E, a 1,200 square foot space, is a second-generation hair salon, offering a ready-to-use layout. Suite B, a larger 5,500 square foot space, is a former Dollar Tree location, presenting a high-visibility opportunity for a business requiring significant square footage. The minimum divisible space is 1,200 square feet, with a maximum contiguous space of 5,500 square feet. A total of 6,700 square feet is currently vacant. The property is zoned Corridor Commercial, providing flexibility for various business types. This prime location in Ennis offers excellent visibility and accessibility, making it an attractive option for businesses seeking a well-established presence in a thriving community. The property's convenient layout and ample space make it an ideal choice for businesses of all sizes.

Property profile

Verified
Property type Commercial real estate
Use group COMMERCIAL (GENERAL)
Year built 2002
Total area 31,021 SF
Lot 3.54 ac (154,333 SF)
APN 25.3760.901.001.00.103
UPID US83-3984756

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Dental Office
  • Insurance Agency
  • Clothing & Fashion Store
  • Arcade & Gaming Center Electronics & Wireless Store
  • (Bike/Boat/Book/etc) Store

Location

1012 E Ennis Ave Ennis, TX 75119
Ennis metro Census 61600 DALLAS-FORT WORTH-ARLINGTON, TX METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
$5.48M
Comparable Approach Comparable
$4.47M
Blend (final) Blend
$4.98M

Owner & transaction history

since 2013
7 recorded transactions
2019
Price N/A
2019
Price N/A
2013
Price N/A
2009
Price N/A
2004
Price N/A
1969
Price N/A
1969
Price N/A

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
More about this property
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