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Property profile & analytics
FOR SALE
Commercial real estate

7014 Fm 879 Palmer, TX 75152

130 ac lot
Property ID
US82-1165041
Property summary
AI-generated overview

Exceptional opportunity to acquire 130 acres of unzoned land in Ellis County, Texas, near Palmer. This expansive property offers remarkable versatility, suitable for diverse uses including commercial development, agricultural pursuits, or residential projects. Priced at $2,470,000 ($19,000/acre), it presents a compelling investment. Strategically located just 5 minutes from I-45, providing easy access to the Dallas-Fort Worth metroplex (30 miles), Ennis (6.5 miles), and Waxahachie (20 miles). This prime location benefits from proximity to a robust job market and thriving communities. The land boasts a rich agricultural history, having been under the same family's ownership for over 60 years, and currently benefits from an agricultural exemption. Surrounding amenities include Big O Speedway, the Bluebonnet Festival, Lake Bardwell, and the Bluebonnet Trails. Water is supplied by East Garrett Water Supply. This unique property presents a rare chance to capitalize on its diverse potential in a desirable location. The property is located at 7014 FM 879, Palmer, TX 75152. Further details are available upon request.

Property profile
Verified
Property type Commercial real estate
Lot 130 ac (5,662,800 SF)
UPID US82-1165041
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
AI Approach AI
by Request
CAP Approach CAP
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Comparable Approach Comparable
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Blend (final) Blend
by Request
Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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