1314 Main St Waxahachie, TX 75165
This 1,314 square foot vacant office building is situated on a 0.17-acre lot at 1314 W Main St, Waxahachie, TX 75165. The property, built in 1932, is a Class C, single-story building with C-1 zoning, allowing for flexible commercial uses. Its prime location on a busy street offers excellent visibility and accessibility, benefiting from proximity to historic downtown Waxahachie and new residential developments like North Grove, driving increased foot traffic. Waxahachie's robust growth, fueled by its proximity to Dallas and affordable living, creates high demand for commercial spaces. The property's asking price is $365,000, presenting an attractive entry point into a thriving market. The Ellis County location offers easy access to major highways and benefits from ongoing city revitalization efforts and infrastructure improvements, including road expansions. Waxahachie's population growth, exceeding 5% year-over-year in recent years, and a median household income of $80,044, contribute to a strong commercial market. Nearby developments, such as the Myrtle Creek Master-Planned Community and a Fanatics distribution center, further enhance the property's long-term value and investment potential. The property's historical charm adds unique character, appealing to businesses seeking a distinctive location in a growing city. This presents a compelling opportunity for investors and businesses seeking a foothold in a dynamic commercial market. The APN is 176694.
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
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No recorded transactions found for this property.
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Risks
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