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    3314 Ovilla Rd Ovilla, TX 75154

    For Sale
    $299,000

    Versatile commercial property in growing area with high traffic.

    Lot size:
    0.32 Acres

    Property Features for 3314 Ovilla Rd

    General Information

    Lot size
    0.32 Acres

    Building Details

    Year built
    1940

    Source: Fathom Realty LLC Agent Valerie Hall

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

    Overview

    Commercial Property with High Visibility

    This commercial property is currently used as a residence and is located in a high-visibility area. The building has potential for at least four office spaces, a waiting area, a full kitchen, and a full bath, all with central heat and air. There is also room to expand parking. A planned road expansion will level Ovilla Road to the property, enhancing exposure. The property is located in Ovilla, Texas.
    Location Intelligence

    Current Use by Public Records

    Isalis Gift Shop Party City Party Store Skunk Funk Wholesaler Carl's Trading Co Hat Shop Bushka's Kitchen LLC Outdoor Clothing And Equipment Shop

    Suggested Use

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

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

    Location Insight

    • Map
    • Local Demand
    City
    Ovilla
    County
    Ellis
    State
    Texas
    Longitude
    -96.8153
    Latitude
    32.515

    Nearby Similar for Sale

    • $675,000
      0.74 Acres

      Versatile Commercial Property in Ovilla

      Furnished commercial space ideal for daycare, office, or religious use.
      204 Cockrell Hl Rd, Ovilla, TX 75154
      View Details

    FAQs

    What type of property is this?
    Office space - Versatile commercial property in growing area with high traffic.
    Where is this office space located?
    The property is located at 3314 Ovilla Rd Ovilla, TX.
    What is the asking price?
    The asking price for this property is $299,000.
    What are key features of this property?
    This property features: - Zoned commercial in a high-visibility, high-traffic location.; - Planned road expansion will level Ovilla Road to the property, increasing exposure.; - Versatile property suitable for business or residential use.
    Request Owner's contact information
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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
    3314 Ovilla Rd Ovilla, TX 75154
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