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Corner Commercial Land with Buildings
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111 Hill Lane, Red Oak, TX 75154

Corner commercial acreage combines an undeveloped parcel with two existing buildings and flexible development potential.

Property SizeContact for details
Days on Market144

Property Features for 111 Hill Lane

General Information

Standard status Active
Property subtype Retail
Listing Agency: GMAX Real Estate
Listed By: Lisa Ramsey · License #TX
Source: Crexi
Added: Apr 11 Changed: Aug 31 Last Checked: Aug 30 at 5:04AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of GMAX Real Estate

Investment Insights

Based on property information with market context.

This commercial land assemblage totals .84 acres and includes a .69-acre grass parcel that has not yet been developed. Two buildings are located at the 101 Norton address, with potential to configure the improvements as three separate units. The property also includes the 111 Hill Lane address and consists of three property IDs: 169640, 169653, and 226978.

The corner site is positioned near I-35E and Ovilla Road in Red Oak, Texas, with exposure to traffic approaching from multiple directions. The combined parcels offer several physical components for future commercial development, including existing improvements and an undeveloped tract.

Key Highlights

  • .84‑acre combined commercial land assemblage
  • Separate .69‑acre grass parcel that is currently undeveloped
  • Two buildings at the 101 Norton address

Property Analytics

Current Use

Commercial land

Suggested Use

Top Pick Law Firm Real Estate Agency Kitchen & Bath Showroom (Bike/Boat/Book/etc) Store Electrical Service Skin Care Clinic

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

466
Businesses Nearby
352k
Monthly Visits Nearby

Foot Traffic Nearby

Dining 52% Superstores 24% Shops & Services 12% Groceries 7%
Walmart Superstores
85,897 visits/mo 0.5 miles
Chick-fil-A Dining
40,293 visits/mo 0.2 miles
McDonald's Dining
32,116 visits/mo 0.3 miles
Brookshire's Groceries
25,526 visits/mo 0.4 miles
Whataburger Dining
21,711 visits/mo 0.2 miles

Demographics for 75154, TX

45,894
Population
17,170
Households
2.7
Avg Household Size
36
Median Age
31%
College-Educated
88%
High-School Grad
47.8 sq mi
ZIP Area
960
Density / Sq Mi
$96,150
Median Household Income
$48,112
Median Earnings
$1,446
Median Rent
$296,000
Median Home Value

Market

Vacancy Rate% for Retail in South region

7% 2020
6.2% 2021
5.1% 2022
4.8% 2023
4.9% 2024
5.4% 2025
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Frequently Asked Questions

What type of property is this?
Commercial land - Corner commercial acreage combines an undeveloped parcel with two existing buildings and flexible development potential.
Where is this commercial land located?
The property is located at 111 Hill Lane Red Oak, TX.
What are key features of this property?
This property features: .84‑acre combined commercial land assemblage; Separate .69‑acre grass parcel that is currently undeveloped; Two buildings at the 101 Norton address
(940) 368-6333 Call to check price and availability
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