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E Main St - Lions Park area 22 acre Opportunity Zone

22.22 Acres of Industrial Land Offered at £363,839 in Waxahachie, TX 75165

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Investment Highlights

Opportunity Zone close to downtown

Executive Summary

For sale 22 acre investment property with exceptional potential. The property is bordered by the scenic Waxahachie Creek and Bike Trail to the South. This mostly wooded parcel has a winding creek running through the property. There's a pond on the East side, which was previously utilized for high density clay extraction.
Access to the property has historically been through the adjacent railroad, as the purchasers of the clay utilized this method. However, it is important to note that there are currently no known easements in place for access. Prospective buyers are encouraged to conduct thorough research to determine the most suitable means of acquiring access to the property.
The value of the land being close to downtown Waxahachie is tied to future development. With a major thoroughfare in the planning stages, there is the possibility for the land's value to increase exponentially once or if that project completes. Additionally, any future development that may impact the land, such as new businesses, infrastructure improvements, or community projects, can also play a significant role in increasing its value over time. By investing in this land now, you have the opportunity to capitalize on these future gains. The land is located in an opportunity zone, which means that certain investments may be subject to differential tax treatment.
The owners of this property are in their seventies and want to move on from property ownership rather than wait for future potential.

Property Facts

Price	£363,839	Property Subtype	Industrial
Sale Type	Investment	Proposed Use	Commercial Multifamily Hold For Investment
Sale Conditions	Design & Build	Total Lot Size	22.22 AC
No. Lots	1	Opportunity Zone	Yes State officials designate a portion of qualified Census Tracts to be Opportunity Zones. Certain investments in Opportunity Zones may be eligible for preferential tax treatment.
Property Type	Land

Price	£363,839
Sale Type	Investment
Sale Conditions	Design & Build
No. Lots	1
Property Type	Land
Property Subtype	Industrial
Proposed Use	Commercial Multifamily Hold For Investment
Total Lot Size	22.22 AC
Opportunity Zone	Yes State officials designate a portion of qualified Census Tracts to be Opportunity Zones. Certain investments in Opportunity Zones may be eligible for preferential tax treatment.

1 Lot Available

Lot 198963

Price	£363,839	Lot Size	22.22 AC
Price Per AC	£16,374

Price	£363,839
Price Per AC	£16,374
Lot Size	22.22 AC

For sale 22 acre investment property with exceptional potential. Located in OPPORTUNITY ZONE. Previously used for high density clay extraction.

Description

For sale 22 acre investment property with exceptional potential. The property is bordered by the scenic Waxahachie Creek and Bike Trail to the South. This mostly wooded parcel has a winding creek running through the property. There's a pond on the East side, which was previously utilized for high density clay extraction. Access to the property has historically been through the adjacent railroad, as the purchasers of the clay utilized this method. However, it is important to note that there are currently no known easements in place for access. Prospective buyers are encouraged to conduct thorough research to determine the most suitable means of acquiring access to the property. The value of the land being close to downtown Waxahachie is tied to future development. With a major thoroughfare in the planning stages, there is the possibility for the land's value to increase exponentially. Additionally, any future development that may impact the land, such as new businesses, infrastructure improvements, or community projects, can also play a significant role in increasing its value over time. By investing in this land now, you have the opportunity to capitalize on these future gains. The land is located in an opportunity zone, which means that certain investments may be subject to differential tax treatment. The owners of this property are in their eighties and want to move on from property ownership.

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