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Fairfield by Marriott Inn & Suites Dallas 2020 Civic Center Ln 78 Room Hotel Waxahachie, TX 75165 $12,789,500 ($163,968/Room) 10% Cap Rate
INVESTMENT HIGHLIGHTS
- The property is located within the Waxahachie Civic Center complex, just off I-35E and Highway 287, offering excellent regional access.
- Nearby institutions include Baylor Scott & White Medical Center, Navarro College, and Connect4LIFE Church, all within walking distance.
- The property is surrounded by key amenities including Baylor Scott & White Medical Center and Navarro College.
- The area features a mix of local and chain restaurants, antique shops, and retail centers.
- Situated within the Waxahachie Civic Center complex.
EXECUTIVE SUMMARY
Strategically located in the heart of Waxahachie, this commercial property at 2020 Civic Center Lane offers exceptional visibility and accessibility just off I-35E and Highway 287. Situated within the Waxahachie Civic Center complex, the site benefits from proximity to major regional thoroughfares and a vibrant mix of civic, educational, and healthcare institutions. The property is surrounded by key amenities including Baylor Scott & White Medical Center, and Navarro College making it ideal for office, medical, or event-related uses. Visitors and tenants enjoy convenient access to dining, retail, and entertainment options, with attractions like the Scarborough Renaissance Festival, Getzendaner Memorial Park, and Showbiz Cinemas just minutes away. With strong population growth in the area—projected at over 25% within a 5-mile radius—and a median household income exceeding $80,000, this location offers a compelling opportunity for investors or owner-users seeking a well-connected, high-visibility site in a thriving North Texas market.
PROPERTY FACTS
| Price | $12,789,500 | Building Size | 43,646 SF |
| Price Per Room | $163,968 | No. Rooms | 78 |
| Sale Type | Investment | No. Stories | 4 |
| Cap Rate | 10% | Year Built/Renovated | 2017/2024 |
| Property Type | Hospitality | Tenancy | Single |
| Property Subtype | Hotel | Parking Ratio | 0.99/1,000 SF |
| Building Class | B | Corridor | Interior |
| Lot Size | 1.45 AC | ||
| Zoning | F1 - Planned Development | ||
| Price | $12,789,500 |
| Price Per Room | $163,968 |
| Sale Type | Investment |
| Cap Rate | 10% |
| Property Type | Hospitality |
| Property Subtype | Hotel |
| Building Class | B |
| Lot Size | 1.45 AC |
| Building Size | 43,646 SF |
| No. Rooms | 78 |
| No. Stories | 4 |
| Year Built/Renovated | 2017/2024 |
| Tenancy | Single |
| Parking Ratio | 0.99/1,000 SF |
| Corridor | Interior |
| Zoning | F1 - Planned Development |
AMENITIES
- Business Center
- Fitness Center
- Pool
- High Speed Internet Access
- Patio
- Meeting Event Space
- Public Access Wifi
- Smoke-Free
- Digital key
ROOM MIX INFORMATION
| DESCRIPTION | NO. ROOMS | DAILY RATE | SF |
|---|---|---|---|
| Suite | 11 | $166.00 | - |
| Guest Room | 67 | $151.00 | - |
PROPERTY TAXES
| Parcel Number | 263501 | Improvements Assessment | $6,965,626 |
| Land Assessment | $853,746 | Total Assessment | $7,819,372 |
PROPERTY TAXES
Parcel Number
263501
Land Assessment
$853,746
Improvements Assessment
$6,965,626
Total Assessment
$7,819,372
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Presented by
LSK & Associates
Fairfield by Marriott Inn & Suites Dallas | 2020 Civic Center Ln
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