400 Highway 67Midlothian, TX 76065

Property Details for 400 Highway 67

Year built

2006

Lot size

27.71 AC

Property size (Sq ft)

216,955 SF

Property type

Commercial real estate

APN

54.9137.901.001.00.108

APU

54913790100100108

Description

This exceptional 1.41-acre commercial land parcel presents a prime retail opportunity in Midlothian, Texas. Located directly adjacent to a Walmart Supercenter and boasting direct frontage on heavily trafficked US Hwy 67, US Hwy 287, and Main Street, this site offers unparalleled visibility and accessibility. The PD-24 zoning allows for a wide range of uses, including restaurants, retail shops, and professional offices, subject to deed restrictions. With a maximum building size of 12,900 square feet and a 22-foot height limit (subject to parking requirements), this site is ideal for a freestanding building or a mixed-use development. All utilities are available. Midlothian's rapid growth, evidenced by a 237% population increase between 2000 and 2017 and a median household income of $105,700, makes this a highly desirable location. Daily traffic counts exceed 30,000 vehicles on Hwy 67 and 28,000 on Hwy 287. The area's recent development boom, including a new Google data center and major residential and healthcare projects, further underscores the area's potential. This property offers an exceptional investment opportunity in a thriving Texas community. The APN is 236977. Fee simple ownership.

• Alternative Use

  Use

  Valuation

  Residential

  $42,353,580

  Hospitality

  $38,795,652

  Educational

  $32,277,528

  Medical

  $33,387,600

  Retail

  $50,209,488

Location Insight

City

Midlothian

County

Ellis

State

Texas

Latitude

32.4854

Longitude

-97.0062

CBSA code

19100

CBSA name

DALLAS-FORT WORTH-ARLINGTON, TX METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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