207 Ovilla Rd Waxahachie, TX 75167
This exceptional investment opportunity presents 1.19 acres of land located at 207 Ovilla Road, Waxahachie, Texas, 75167. Priced at $450,000, this property offers significant potential for a variety of commercial ventures. Situated in a rapidly developing area with convenient access to Highways 35 and 287 Business, this location boasts high visibility and accessibility. Currently zoned residential, the property presents the possibility of rezoning for commercial use, opening up a wide range of development options. Envision a new retail space, a thriving business establishment, or even a unique event venue—the possibilities are numerous. The property is being sold "as is," providing a blank canvas for your vision. Its expansive size offers ample space for construction and development, catering to diverse business needs. This is a rare chance to acquire a substantial parcel of land in a prime location with significant growth potential. Don't miss this opportunity to shape the future of this promising property. Act now to secure this exceptional investment.
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
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.