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1892 S Walnut Grove Rd
Midlothian, TX 76065

NEQ Walnut Grove - Hwy 287 - 33 Acres · Land For Sale · 33.67 AC

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Investment Highlights

Proximity to Hwy 287
3000+ future or new rooftops within 3 miles

Approx. 900 feet of frontage on Walnut Grove

Executive Summary

Located approx. 1-10th mile north on Walnut Grove from Hwy 287 in Midlothian, Ellis County, Texas. Walnut Grove Overpass is currently under construction. Approx. 900 feet of frontage along Walnut Grove. Midlothian’s Heritage High School and Middle School are located north of the site on Walnut Grove. Property is across from Stonegate Church and will back up to large residential development that will have approx. 2000 new homes. Google facility in Midlothian is under construction in Midlothian, as well. There is home built in 1960 on property which may have little value to a new buyer. Seller will consider subdivide options.
Excludes: Minerals
Public Driving Directions: North on Walnut Grove approx. .12 miles from Hwy 287 on right side
Buyer and-or Buyer's agent to verify all information.

PROPERTY FACTS

Sale Type	Investment or Owner User	Property Subtype	Commercial
No. Lots	1	Proposed Use	Commercial Retail Master Planned Community Medical Neighbourhood Centre Office Park Planned Unit Development Restaurant Storefront, Retail or Office Supermarket
Property Type	Land	Total Lot Size	33.67 AC

Sale Type	Investment or Owner User
No. Lots	1
Property Type	Land
Property Subtype	Commercial
Proposed Use	Commercial Retail Master Planned Community Medical Neighbourhood Centre Office Park Planned Unit Development Restaurant Storefront, Retail or Office Supermarket
Total Lot Size	33.67 AC

1 Lot Available

Lot

Price	$14,615,074 CAD	Lot Size	33.67 AC
Price Per AC	$434,068 CAD

Price	$14,615,074 CAD
Price Per AC	$434,068 CAD
Lot Size	33.67 AC

Two Adjacent Tracts: Approximately 29 Acres Raw Land and 4 Acres with two older homes with little or no value.

Description

Excellent commercial development opportunity with several thousand SF homes planned or on the ground within 3 miles. Property is just north on Walnut Grove from Hwy 287. Will back up to large future residential development. Fronts Stonegate Church property. Excellent for multi-purpose shopping center. Possible higher density residential may be considered through City. Seller will consider subdividing frontage for commercial pad sites.

PROPERTY TAXES

Parcel Numbers	Multiple 183290 290717 275151	Improvements Assessment	$522,755 CAD
Land Assessment	$2,472,843 CAD	Total Assessment	$2,995,598 CAD

PROPERTY TAXES

Parcel Numbers

Multiple

183290
290717
275151

Land Assessment

$2,472,843 CAD

Improvements Assessment

$522,755 CAD

Total Assessment

$2,995,598 CAD

Listing ID: 24151579
Date on Market: 2021-09-23
Last Updated:
Address: 1892 S Walnut Grove Rd, Midlothian, TX 76065

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