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Renzo [email protected]
F R S A L E 42.91± Ac. Shopping Center Site, Midlothian
Details
SIZE: 42.91± Acres USE: Future Retail SALES PRICE: $3.95 Per Square Foot
This property is located at the north east corner of US Hwy. 287 and Walnut Grove Road in Midlothian, Ellis County, Texas. Walnut GroveOverpass, a new $37M construction project by TxDOT, is under construction. This interchange will significantly reduce the congestion atthe intersection of Highway 287 and Walnut Grove Road.
This hard corner location has approximately 1,700 feet of frontage on US HWY 287, and 630 feet on Walnut Grove Road. Midlothian’sHeritage High School and Middle School are located north of the site on Walnut Grove.
A $950M development announced in February 2020 will bring more than 2,000 homes on 966 acres to the adjoining property. The firstphase of 350 homes should be ready in early 2022. An additional 68 acres is planned for commercial and industrial development.
Midlothian has been a thriving growth area in South DFW for residential and retail development. Midlothian’s Brookshire’s and WalmartSupercenter were joined by The Kroger Midtowne Center in 2018. Google officially broke ground on a $600M data center in Midlothian inJune of 2019.
(Source: TxDOT; Dallas Morning News; Bisnow DFW; Google)
42.91± Acre Shopping Center Site
F R S A L E
Renzo [email protected]
42.91± Ac. Shopping Center Site, Midlothian
Demographics 3 Mile 5 Mile
2019 Est. Population 15,750 44,102
2024 Projected Population 18,421 51,494
Average HH Income $90,062 $101,229
2019 Est. Households 5,331 15,127
Median Age 33.5 34.4
Midlothian
Traffic Count
Highway 287: 34,576South Walnut Grove Rd: 6,241
