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3619 Oak Grove Rd 14 Acres of Industrial Land Offered at $5,411,461 in Ennis, TX 75119

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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 light industrial, business park. 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.

PROPERTY FACTS

Price $5,411,461
Sale Type Investment
No. Lots 1
Property Type Land
Property Subtype Industrial
Proposed Use
Commercial
  • Industrial
  • Office
  • Industrial Live or Work Unit
  • Industrial Park
  • Office Park
  • Retail Warehouse
  • Storefront, Retail or Office
  • Warehouse
Total Lot Size 14.00 AC
Zoning Agricultural - Agricultural

1 LOT AVAILABLE

Lot

Price $5,411,461
Price Per AC $386,532.93
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 Light Industrial, business park.

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.

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
187498
Land Assessment
$20,696
Improvements Assessment
$92,842
Total Assessment
$113,538
  • Listing ID: 13726985

  • Date on Market: 9/7/2018

  • Last Updated:

  • Address: 3619 Oak Grove Rd, Ennis, TX 75119

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