791 Highway 77Waxahachie, TX 75165

  • Commercial real estate
  • 78,635 SF

Property Details for 791 Highway 77

Year built
2005
Lot size
10.85 AC
Property size (Sq ft)
78,635 SF
Property type
Commercial real estate
APN
90.3617.002.001.00.112
APU
90361700200100112

Description

The Market Place @ Waxahachie presents a compelling investment opportunity in a thriving Texas retail market. This Class A community center, located at 791 N Hwy 77 in Waxahachie, TX 75165, offers 102,310 square feet of retail space. Currently, there are two suites available, with a minimum divisible space of 2,310 square feet and a maximum contiguous space of 10,000 square feet. A total of 12,310 square feet is currently vacant, providing immediate opportunities for lease income generation. Strategically situated on the east side of Hwy 77, one of Waxahachie's major thoroughfares, this property benefits from high visibility and excellent accessibility. The center's prime location within the heart of Waxahachie's retail district ensures strong foot traffic and convenient access for customers. Waxahachie's advantageous location, just 34 miles south of Dallas, further enhances the property's appeal, providing access to a large and diverse consumer base. This Ellis County property offers a rare chance to acquire a well-positioned retail center with significant potential for growth and return on investment. The property's Class A designation reflects its high-quality construction and modern amenities. The available space is ideal for a variety of retail uses, making it an attractive option for both established businesses and new ventures.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • Alternative Use

    Use
    Valuation
    Residential
    $15,350,989
    Hospitality
    $14,061,423
    Educational
    $11,698,939
    Medical
    $12,101,284
    Retail
    $18,198,350

Location Insight

City
Waxahachie
County
Ellis
State
Texas
Latitude
32.412
Longitude
-96.8434
CBSA code
19100
CBSA name
DALLAS-FORT WORTH-ARLINGTON, TX METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2018
$255,487
$4,514,524
$8,999,012
$13,513,536
-
$4,514,524
$8,999,012
$13,513,536

FAQs

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