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    & I-35E Century Way Red Oak, TX 75154

    For Sale
    Contact for pricing

    Prime I-35E commercial land, high visibility.

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    365
    This ±17.85-acre commercial development site in Red Oak, Texas, presents a unique investment opportunity. Located on the northbound side of I-35E at Century Way, this property boasts exceptional visibility and accessibility, benefiting from over 91,000 vehicles daily on I-35E. The "HO" zoning allows for a variety of uses, including clinics, hospitals, lodging, and auto sales. Its strategic location near major retailers like Walmart, Starbucks, and CVS, coupled with proximity to Triumph Aerostructures, the proposed Loop 9 Tollway, Red Oak High School, and Texas State Technical College, ensures strong potential for development. Red Oak's impressive population growth—a 209% increase in taxable sales from 2000 to 2014 and a 56.8% growth within a 5-mile radius from 2010 to 2020—further underscores the site's value. Projected population growth of 11.3% between 2021 and 2026 reinforces the long-term viability of this exceptional commercial land. The property offers excellent exposure to vehicular traffic and superb access from both W Red Oak Rd and the I-35E access road, making it an ideal location for a variety of commercial ventures. The Ellis County location, with zip code 75154, provides easy access to major transportation arteries.

    Property Features for & I-35E Century Way

    General Information

    Property type
    Land
    Lot Size
    777,546 SF

    HighLights

    • 17.85‑acre commercial development site in Red Oak, Texas, on I‑35E at Century Way, offering exceptional visibility and accessibility with over 91,000 vehicles daily.
    • HO zoning allows for diverse uses including clinics, hospitals, lodging, and auto sales.
    • Strong population growth: 209% increase in Red Oak taxable sales (2000‑2014), 56.8% growth within a 5‑mile radius (2010‑2020), and projected 11.3% growth (2021‑2026).
    • Proximity to major retailers (Walmart, Starbucks, CVS, etc.) and key employers (Triumph Aerostructures), plus the proposed Loop 9 Tollway, Red Oak High School, and Texas State Technical College.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    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
    -96.8250246
    Latitude
    32.5003128

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    FAQs

    What type of property is this?
    Land - Prime I-35E commercial land, high visibility.
    Where is this land located?
    The property is located at & I-35E Century Way Red Oak, TX.
    What are key features of this property?
    This property features: 17.85-acre commercial development site in Red Oak, Texas, on I-35E at Century Way, offering exceptional visibility and accessibility with over 91,000 vehicles daily.; HO zoning allows for diverse uses including clinics, hospitals, lodging, and auto sales.; Strong population growth: 209% increase in Red Oak taxable sales (2000-2014), 56.8% growth within a 5-mile radius (2010-2020), and projected 11.3% growth (2021-2026).
    (214) 520-8818
    Request Owner's contact information
    & I-35E Century Way Red Oak, TX 75154
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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
    & I-35E Century Way Red Oak, TX 75154
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