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    I-35E Red Oak Rd Red Oak, TX 75154

    For Sale
    Contact for pricing

    ±70 Acres I-35E Frontage, Texas

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    364
    This exceptional ±70.78-acre commercial land offering presents a prime development opportunity in Red Oak, Texas. Strategically located on I-35E at W Red Oak Rd, the property boasts exceptional visibility and accessibility, benefiting from over 91,000 vehicles passing daily. The site comprises three distinct tracts, zoned H-O & C-1, allowing for a diverse range of commercial uses including regional and neighborhood retail, auto sales, lodging, medical facilities, offices, and limited service establishments. Red Oak's rapid growth, evidenced by a 56% population increase within a 5-mile radius from 2010-2020, and an average household income exceeding $95,000 within the same area, underscores the significant potential for this investment. The property's proximity to new residential developments, the proposed Loop 9 Tollway, a recently constructed $71 million high school, and a Texas State Technical College campus further enhances its appeal and future prospects. This is a rare opportunity to capitalize on the explosive growth of Red Oak and Ellis County. The property's size and zoning flexibility make it ideal for a variety of large-scale commercial projects. Don't miss this chance to secure a prominent position in one of Texas's fastest-growing markets. The property is located in Ellis County, Texas, with a zip code of 75154.

    Property Features for I-35E Red Oak Rd

    General Information

    Property type
    Land
    Lot Size
    3,083,177 SF

    HighLights

    • ±70.78‑acre commercial land offering exceptional visibility and accessibility on I‑35E in Red Oak, TX, with over 91,000 VPD.
    • Proximity to numerous new residential developments.
    • Minutes from the proposed Loop 9 Tollway, a new $71 million high school, and a Texas State Technical College campus.
    • Average household income exceeding $95,000 within a 5‑mile radius.
    • 56%+ population growth within a 5‑mile radius from 2010‑2020.
    • H‑O & C‑1 zoning allows for diverse commercial uses including retail, auto sales, lodging, medical, office, and limited service establishments.
    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
    -96.8212008
    Latitude
    32.5157918

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    FAQs

    What type of property is this?
    Land - ±70 Acres I-35E Frontage, Texas
    Where is this land located?
    The property is located at I-35E Red Oak Rd Red Oak, TX.
    What are key features of this property?
    This property features: ±70.78-acre commercial land offering exceptional visibility and accessibility on I-35E in Red Oak, TX, with over 91,000 VPD.; Proximity to numerous new residential developments.; Minutes from the proposed Loop 9 Tollway, a new $71 million high school, and a Texas State Technical College campus.
    (214) 520-8818
    Request Owner's contact information
    I-35E Red Oak Rd Red Oak, TX 75154
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    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 Red Oak Rd Red Oak, TX 75154
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