GOOD DIRT: Investment Grade US287 Highway Frontage
Land | 87.95 acres
Marketing description
ADJACENT DEVELOPMENT ACTIVITY by Hanover Property Company to the north of the property and further west at the Walnut Grove/287 intersection coincide with the planning for an overpass by TxDOT at Rex Odom combine to position the property for significant development in the near term.
TxDOT traffic count records 48,000 vehicles per day traversing that segment of US287. Fortunately positioned on a slight knoll overlooking the highway, the property rises from the traffic to present future development prominently to traffic mid-way between Midlothian and Waxahachie.
The new traffic overpass, grade change for the new service roads by TxDOT will provide safe access to the site for traffic traveling from both Midlothian and Waxahachie.
Currently under cultivation, the property is bounded on the west by North Prong Creek and Creekside Church, Hanover Bridgewater to the north. Future connector road installed by Hanover to the northern property line. Immediate access to Mid-Way Regional Airport VIA Rex Odom Drive.
Investment highlights
Expansion of Bridgewater Neighborhoods by Hanover Property Company in planning stage
Light Industrial acreage by Hanover Property Company in planning state
New Road North - Future Extension of Hays Road from FM1387 to US287 is now possible
New TxDOT Service Roads in planning stage
New Grade Change crossing at Rex Odom in planning stage
Revised entrance to Mid-Way Regional Airport being considered by Municipal Airport Board
New Commercial Development at Walnut Grove Road and US287
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