Property Type
Land
LEAD LISTING AGENT
Oliver Willman
Associate
Email
[email protected]
License No.
788014 (TX)
Direct
+1 (214) 227-6867
Mobile
+1 (251) 377-6445
ADDITIONAL LISTING AGENT
INVESTMENT HIGHLIGHTS
- 3-over-1 Mixed Use Development opportunity in booming North Grove Development corridor
- Opportunity to build roughly 110-115 residential units with bottom-floor retail
- Located in the heart of the North Grove PD, surrounded by single-family communities
- Fully entitled with utilities delivered to the site located in PD #3002
- Rapidly growing area boasting great demographics:
- 1-Mi Median HH Income: $105,682
- 1-Mi Average HH Income: $126,622
- 1-Mi 5-Year Population Growth Estimate (2022-2027): 3.2% increase
- 1-Mi Population Annual Growth from 2010-2022: 12%
- Average Class-A Multifamily Rents & Unit Sizes in Waxahachie:
- 1-Bed: ±758 SF | $1404/unit | $1.86/ft
- 2-Bed: ±1063 SF| $1825/unit | $1.71/ft
- 3-Bed: ±1252 SF| $2162/unit | $1.72/ft
- Average Retail Rent/SF: $28 PSF
- Nearby Community Amenities include North Grove Community Center, Max H Simpson Elementary School, North Grove Community Park, Eddie Finley Jr High School, and more
Broker of Record
- Patrick Graham
- License No. 9005919 (TX)
- (866) 889-0550
- Matthews Real Estate Investment Services, Inc
- 8300 Douglas Ave.,
Ste. 750, Dallas, TX 75225