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Investment Highlights
- Great corner on Highway 287 and FM 1183 (Oak Grove Rd.)
- Major development in this area, near Interstate Highway 45.
- Lots of traffic.
Executive Summary
This property is situated on the corner of busy Highway 287 and FM 1183, in the redeveloping Ennis area. Although, it is zoned Agricultural, according to the city, their first recommendation would be Corridor Commercial as it fronts Highway 287. The Future Land Use Plan designates the property as Business park, supporting commercial use of the property. Near both Highway 34, and Interstate Highway 45. New development in the area includes new hospital, restaurants, manufacturing, and major chains moving in the area.
Listed in Ellis County Appraisal District as 3619 FM 1183.
Listed in Ellis County Appraisal District as 3619 FM 1183.
Property Facts
| Price | $7,412,132 CAD | Property Subtype | Industrial |
| Sale Type | Investment | Proposed Use | |
| No. Lots | 1 | Total Lot Size | 14.00 AC |
| Property Type | Land | ||
| Zoning | Agricultural - Agricultural | ||
| Price | $7,412,132 CAD |
| Sale Type | Investment |
| No. Lots | 1 |
| Property Type | Land |
| Property Subtype | Industrial |
| Proposed Use | |
| Total Lot Size | 14.00 AC |
| Zoning | Agricultural - Agricultural |
1 Lot Available
Lot
| Price | $7,412,132 CAD | Lot Size | 14.00 AC |
| Price Per AC | $529,438.01 CAD |
| Price | $7,412,132 CAD |
| Price Per AC | $529,438.01 CAD |
| Lot Size | 14.00 AC |
609,840 SF of land on the northwest corner of US Highway 287 and FM 1183. Zoned Agricultural, but can be rezoned. The City of Ennis recommendation is for zoning of Corridor Commercial, as it fronts Highway 287.
Description
Agricultural land for years. Land was divided by Highway 287, and two properties now sit across from each other with frontage on the highway. Light Industrial is what the city would like to see.
1 1
Not walkable
10/100
Exceptionally drivable
100/100
Somewhat bikeable
20/100
Property Taxes
| Parcel Number | 187498 | Improvements Assessment | $126,924 CAD |
| Land Assessment | $28,294 CAD | Total Assessment | $155,218 CAD |
Property Taxes
Parcel Number
187498
Land Assessment
$28,294 CAD
Improvements Assessment
$126,924 CAD
Total Assessment
$155,218 CAD
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3619 Oak Grove Rd
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