Commercial Land
5840 US-287 Midlothian, TX 76065
Details & Description
Price: $20,353,410
    89 Acres of rolling Ellis County pastureland has been owned by the Grimes Family since 1881. Of note should be the construction of the 966 Acre Diamond J Ranch Estates to the immediate northwest, the current service road up-grade of US Highway 287.
    Property Highlights
     Improved Highways TxDOT Service Road Additions to US 287 through Ellis County from Mansfield to Ennis
     New Hospitals Baylor Scott White, Waxahachie and Methodist Medical Center, Midlothian
    Listing Agents
    Steve Madison

    O: 972-874-1905
    M: 972-207-4310
    smadison@kwcommercial.com
    TJ McNeece

    M: 972-755-3734
    tjmcneece@kwcommercial.com
    While we strive to provide the most accurate information, all listing information, and demographic data, is provided by third-parties. As such, MyEListing will not be responsible for the accuracy of the information. It is strongly recommended that you verify all information with the listing agent, and any relevant agencies, prior to making any decisions.

    5840 US-287

    Midlothian, TX 76065

    Listing ID: 271262
    • 5840 US-287 Midlothian, TX 76065 | for Sale | Photo 1
    • 5840 US-287 Midlothian, TX 76065 | for Sale | Photo 2
    • 5840 US-287 Midlothian, TX 76065 | for Sale | Photo 3
    5840 US-287 | for Sale | Thumbnail 1
    5840 US-287 | for Sale | Thumbnail 2
    5840 US-287 | for Sale | Thumbnail 3
    Building Size: --
    Lot Size: 89.000 AC
    Land Size: 3,876,840 SF
    Building $/SF:
    Land $/SF: $5.25
    Price
    $20,353,410
    Property Highlights
    New Housing Diamond J Ranch Estates, 966 Acres 2700 residential lots
    New Hospitals Baylor Scott White, Waxahachie and Methodist Medical Center, Midlothian
    Improved Highways TxDOT Service Road Additions to US 287 through Ellis County from Mansfield to Ennis
    Envision Midlothian Comprehensive Plan improvements
    New Jobs Google Data Center and Regional Headquarters, Midlothian
    Improved Air Transit Midway Regional Airport Expansion Plans
    Description

    89 Acres of rolling Ellis County pastureland has been owned by the Grimes Family since 1881. Of note should be the construction of the 966 Acre Diamond J Ranch Estates to the immediate northwest, the current service road up-grade of US Highway 287.

    Points of Interest & Demographic Radii

    Points of Interest
    Demographic Radii
    POIs provided for entertainment purposes only. Data comes from multiple data sources as well as users and agents. MyEListing makes no claims whatsoever as to the accurancy and/or completeness.
     
    Grand Prairie History of Commercial Land for Sale

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    Midlothian Area Market Trends

    Listing Demographics for 5840 US-287 Midlothian, TX 76065

    All information based on the most recently available data (updated annually) and is provided in 1-mile, 3-mile, and 5-mile radii (radiuses) of the property location.

    1-Mile 3-Miles 5-Miles
    Total Population6417,37236,656
    Population Median Age383837
    Population by Age0-9 Yrs65 (10%)788 (10%)4638 (12%)
    10-19 Yrs118 (18%)1368 (18%)5734 (15%)
    20-29 Yrs64 (9%)655 (8%)4873 (13%)
    30-39 Yrs68 (10%)837 (11%)4854 (13%)
    40-49 Yrs95 (14%)1099 (14%)5215 (14%)
    50-59 Yrs109 (17%)1203 (16%)4773 (13%)
    60-69 Yrs71 (11%)809 (10%)3591 (9%)
    70+ Yrs51 (7%)614 (8%)2978 (8%)
    Median HH Income$118,997$122,823$89,525
    Total Household Income< 24K11 (5%)122 (5%)1175 (9%)
    25-49K21 (10%)223 (9%)1741 (13%)
    50-74K20 (9%)219 (9%)2248 (17%)
    75-99K29 (14%)335 (14%)1865 (14%)
    100-199K88 (42%)1027 (43%)4213 (33%)
    200K+35 (16%)437 (18%)1253 (10%)
    Highest Education LevelNo Diploma393441795
    Diploma or GED9110475416
    Some College10011326612
    Assoc. Degree323852152
    Bachelors Degree11012825425
    Higher Degree597312362
    Total Housing Units2202,46913,148
    --Owner-Occupied1922,2219,087
    --Renter-Occupied141423,409
    Owner-Occupied Values< 100K23209666
    100-199K313522791
    200-299K516042590
    300-399K486581823
    400-499K23249685
    500K+17149531
    Total Working Age Population4965,66928,422
    In Work Force3604,12520,090
    Not In Work Force1371,5448,332
    Workforce Employed3493,98919,451
    Workforce Unemployed11136629
    Civlian Workforce3604,12520,080
    Military Workforce0010
    Total Households2062,36312,496
    Family Households1842,11910,026
    Non-Family Households222442,470
    Married Couple1651,9358,292
    Other Family191841,735
    Married w/Child698603,752
    Single Male w/Child754243
    Single Female w/Child556806

    Population Change Last Two Decades - Plus Projection

    2000%2010%2020%2030
    Texas20,851,820+2125,145,561+1829,677,668+1834,894,452
    Ellis County111,360+34149,610+19177,721+18209,581

    Total Working Age Population:

    Total Households:

    Total Working Age Population:

    Total Households:

    Total Working Age Population:

    Total Households:

    No part of this information may be copied, reproduced, repurposed, or screen-captured for any commercial purpose without prior written authorization from MyEListing.

    While we strive to provide the most accurate information, all listing information, and demographic data, is provided by third-parties. As such, MyEListing will not be responsible for the accuracy of the information. It is strongly recommended that you verify all information with the listing agent, and any relevant agencies, prior to making any decisions.

    Common Questions and Answers

    What is the asking price for 5840 US-287 in Midlothian?
    The asking price for 5840 US-287 is $20,353,410
    How much land does the Midlothian, TX property at 5840 US-287 include?
    5840 US-287 in Midlothian includes 89.000 acres of land
    What kind of Land is the propery at 5840 US-287?
    The property at 5840 US-287 Midlothian, TX 76065 is listed as a Mixed Use Land Land property
    What is the population within 1 mile of 5840 US-287 in Midlothian?
    The population within 1 mile of 5840 US-287 Midlothian, TX 76065 is 641 people.
    Who do I contact for questions about 5840 US-287?
    You should contact the listing agent, Steve Madison, for any details regarding this commercial listing.

    Closest Commercial Airports

    Airport Distance (mi)
    Dallas Love Field (DAL) 28
    Dallas Fort Worth International Airport (DFW) 32
    Sheppard Air Force Base-Wichita Falls Municipal Airport (SPS) 140
    Price
    $20,353,410
    Listing Agent
    Listing Co-Agent
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