Property profile

202 Grand Ave Waxahachie, TX 75165

OFF-MARKET
Office Spaces
Property ID
US82-4245804
1,018 SF 0.12 ac lot Built 1998
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Property summary

AI-generated overview

This 1,018 square foot vacant office building, built in 1998, is situated on a 0.115-acre lot in Waxahachie, Texas, at 202 N Grand Ave, zip code 75165. The property is a single-story, Class C building with C-1 zoning, permitting both office and retail uses. Its prime location near downtown Waxahachie ensures high visibility and accessibility, benefiting from significant traffic flow. Waxahachie's population has experienced a 12% annual growth rate over the past decade, creating a strong demand for commercial spaces. The property's proximity to Dallas further enhances its appeal to businesses serving both local and regional markets. The area boasts substantial recent investment in infrastructure and commercial development, including the North Grove Development, a thriving residential and commercial corridor. Nearby amenities include the historic downtown Waxahachie, offering various local businesses and attractions, as well as schools and community centers like Marvin Elementary and North Grove Community Park, boosting foot traffic. This presents a unique opportunity for investors seeking to capitalize on Waxahachie's expanding economy and the increasing demand for office and retail spaces. The asking price is $325,000. The property's flexible zoning, strategic location, and proximity to both local attractions and major metropolitan areas make it an attractive investment for long-term returns.

Property profile

Verified
Property type Office Spaces
Year built 1998
Total area 1,018 SF
Lot 0.12 ac (5,009 SF)
UPID US82-4245804

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
  • Charitable Organization Social Service Agency

Location

202 Grand Ave Waxahachie, TX 75165
Waxahachie metro
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Value estimations

Realmo proprietary · 4 methods
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Owner & transaction history

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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