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Property profile & analytics
OFF-MARKET
Commercial real estate

2661 V V Jones Rd Venus, TX 76084

50 ac lot
Property ID
US82-4808085
Property summary
AI-generated overview

This exceptional 50-acre property presents a remarkable investment opportunity in Venus, Texas. Located on Heritage Hills Parkway in Ellis County, this commercially zoned land (Grand Prairie ETJ) offers significant potential for diverse development projects. The property's ±50 divisible acres are ideal for a variety of uses, including single-family, multi-family residential development, or other commercial ventures. Its strategic location benefits from proximity to established developments like Value Builders Inc. and the master-planned community of Goodland, TX, ensuring strong market demand and potential for high returns. Venus utilities conveniently terminate at the property line on Heritage Hills Parkway. The property is situated near both Venus and Midlothian city limits, offering additional development flexibility. While currently within the Grand Prairie ETJ, there's a potential option for removal under Texas Senate Bill 2038. The listed address (2661 V V Jones Rd, Venus, TX 76084) is for a residential property on an adjacent lot and not the subject property. This is a truly unique opportunity to capitalize on the growth and potential of this desirable area. The asking price is $6,534,000.

Property profile
Verified
Property type Commercial real estate
Lot 50 ac (2,178,000 SF)
UPID US82-4808085
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
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CAP Approach CAP
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Comparable Approach Comparable
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Blend (final) Blend
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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