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    Property profile & analytics

    2407 Preston St Ennis, TX 75119

    • Industrial properties
    • 62,500 SF
    • 2.13 lot acres
    For Sale
    View listing
    $5,250,000
    Value Estimation
    Last Sale
    Jun 30, 2023
    Location Intelligence
    Property ID
    US82-2924233
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Current Use by Public Records

    • H & P Expo LLC / Convention Center
    • Party Club of America / Party Store / Distribution Service
    • Creep It Cheap / Store

    Property Details for 2407 Preston St

    Year built
    1962
    Lot size
    2.13 lot acres
    Property size
    62,500 SF
    Property type
    Industrial properties
    APN
    25.0383.000.055.00.103
    APU
    25038300005500103

    Description

    This Ennis, Texas industrial property, located at 2407 & 2411 N Preston Street, offers 66,500 square feet of warehouse and distribution space for sale. The property consists of two buildings: a large 62,500 square foot building and a smaller 4,000 square foot building, built in 1961, 1980, and 1994 respectively. Situated on a 3.21-acre lot (139,827 square feet), this Class C property features 6 dock-high doors and 1 grade-level door, providing ample loading and unloading capabilities. Ceiling heights range from 14 to 20 feet, offering versatile storage options. The property includes 30+ parking spaces and benefits from 3-phase, 240v, 200-amp power. Conveniently located with easy access to I-45 and 287, this property is zoned for industrial use and is offered at $5,250,000 ($78.95/sq ft). The sale is a Net Net lease (NN) with the property currently vacant. This presents a significant opportunity for light industrial manufacturing or warehousing operations.

    Value Estimation

    by Realmo proprietary methodology Last update: July 3, 2025

    • AI approach

      CAP return
      Estimation
      Estimation
      $770,000

    • CAP approach

      CAP return
      Estimation
      6%
      $915,000
      6.5%
      $945,000
      7%
      $970,000

    • Comparable approach

      Method
      Estimation
      Relative Method
      $1,035,000
      Geo Method
      $940,000

    • Alternative Use

      Use
      Estimation
      Distribution
      $855,000
      Retail
      $760,000
      Mixed-Use
      $930,000
      Hospitality
      $835,000
      Educational
      $705,000
      Residential Income
      $780,000
      Energy
      $765,000
      Income-Based Land
      $835,000
      Food Service
      $975,000

    Location Insight

    • Map
    • Local Demand
    City
    Ennis
    County
    Ellis
    State
    Texas
    Longitude
    -96.6462
    Latitude
    32.3472
    CBSA code
    19100
    CBSA name
    DALLAS-FORT WORTH-ARLINGTON, TX METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2018
    $10,503
    $286,699
    $388,301
    $675,000
    -
    $286,699
    $388,301
    $675,000

    Comparable in this City

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      169,362 SF

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    • Value Estimation by Request
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      2708 Main St

      INDUSTRIAL (GENERAL) • 143,236 SF
      2708 Main St, Ennis, TX 75119-8426
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    • Value Estimation by Request
      151,936 SF

      301 Plant Rd

      INDUSTRIAL (GENERAL) • 151,936 SF
      301 Plant Rd, Ennis, TX 75119-9649
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    • Value Estimation by Request
      24,900 SF

      2501 Interstate Hwy 45

      INDUSTRIAL (GENERAL) • 24,900 SF
      2501 Interstate Hwy 45, Ennis, TX 75119-1539
      View Details
    • Value Estimation
      $385,000
      8,240 SF

      101 Buchholtz Ave

      INDUSTRIAL (GENERAL) • 8,240 SF
      101 Buchholtz Ave, Ennis, TX 75119
      View Details
    • Value Estimation by Request
      46,754 SF

      5750 Ennis Ave

      INDUSTRIAL (GENERAL) • 46,754 SF
      5750 Ennis Ave, Ennis, TX 75119
      View Details

    Similar Nearby for Sale

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    • $5,250,000
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      Ennis Industrial Property - 66,500 SF

      Texas warehouse/distribution center, vacant, owner financing.
      2407 Preston St, Ennis, TX 75119
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    Similar Nearby for Lease

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      Ennis Flex Space For Rent

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    • $4 SF/Yr
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      Ennis Warehouse with Six Docks

      62,500 SF warehouse on 2.13 acres with six docks.
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    • $5,250,000
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      Ennis Warehouse and Distribution Facility

      66,500 SF warehouse and distribution property with I-45 access.
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    • $13,632 /Mo
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      Restaurant space for lease with high visibility and accessibility.
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    Ennis, TX 75119
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
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