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    2625 Ovilla Rd Red Oak, TX

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    For Lease
    $18 SF/Yr

    Located near Interstate 35, surrounded by future commercial developments.

    Property size:
    43,562 SF
    Lot size:
    8.55 Acres

    Property Features for 2625 Ovilla Rd

    General Information

    Size
    43,562 SF
    Lot size
    8.55 Acres

    Source: Moody Rambin Agent Brent Fredricks

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Commercial Land in Harmony Plaza

    The commercial land is located in North Ellis County on Interstate 35 E at Ovilla Road (FM 664), in Red Oak, Texas, which is 20 minutes south of Dallas and 30 minutes southeast of Fort Worth. Harmony Plaza is located on Ovilla Road, one mile west of Interstate 35. The site is surrounded by multi-family and future commercial developments and is predicted to grow. The property has a traffic count of approximately 40,103 vehicles per day on Ovilla Road. There are approximately 33,208 owner-occupied housing units within a 5-mile radius, with approximately $1.3B in total specified consumer spending within the same radius. The property size is 43,562 square feet.
    Location Intelligence

    Current Use by Public Records

    Commercial land

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Spa & Massage Dental Office Wholesale Shop Auto Repair Shop Hair Salon Clothing Store

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Red Oak
    County
    Ellis
    State
    Texas
    Longitude
    -96.8153
    Latitude
    32.5332101

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    FAQs

    What type of property is this?
    Land - Located near Interstate 35, surrounded by future commercial developments.
    Where is this land located?
    The property is located at 2625 Ovilla Rd Red Oak, TX.
    What is the lease rate?
    The lease rate is $18 SF/Yr.
    What are key features of this property?
    This property features: - Strategic location on Ovilla Road, one mile west of Interstate 35.; - High traffic count of ±40,103 vehicles per day on Ovilla Road.; - Located in Red Oak, 20 minutes south of Dallas and 30 minutes southeast of Fort Worth.
    (713) 572-3500
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    2625 Ovilla Rd Red Oak, TX
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