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    905 Lark Ln Oak Leaf, TX 75154

    For Sale
    $304,920

    1-Acre Site, Prime Location, High Growth

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    365
    This exceptional 1-acre commercial land parcel, located at 905 Lark Ln, Oak Leaf, TX 75154 (APN 154872), presents a compelling investment opportunity. Priced at $304,920 ($7/sq ft), this fee simple property boasts Neighborhood Business zoning and offers significant potential for development. Its strategic location, just one lot south of the recently expanded six-lane Ovilla Road, places it at the heart of Oak Leaf's burgeoning growth. The area is experiencing a surge in new construction, including a new AutoZone and a planned 30,000+ square-foot shopping center adjacent to a Sonic restaurant. Numerous new residential developments are within a one-mile radius, ensuring a robust customer base. The property's proximity to Downtown Dallas (19.8 miles) adds further appeal. This versatile site is ideal for a variety of commercial uses, including retail and office spaces. Interested parties are encouraged to verify permitted uses with the City of Oak Leaf. Don't miss this chance to capitalize on Oak Leaf's dynamic commercial landscape.

    Property Features for 905 Lark Ln

    General Information

    Property type
    Land
    Lot Size
    43,560 SF

    HighLights

    • 1.0‑acre investment opportunity, Neighborhood Business zoning.
    • Excellent location, one lot south of expanded Ovilla Road in Oak Leaf's growth area.
    • Adjacent to new development, including an AutoZone and shopping center.
    • Near new residential communities within one mile.
    • Convenient access to Downtown Dallas (19.8 miles).
    • Versatile property ideal for retail or office use.
    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
    Oak Leaf
    County
    Ellis
    State
    Texas
    Longitude
    -96.856401
    Latitude
    32.530923

    Nearby Comparable

    • Contact for pricing

      Oak Leaf Commercial Land Opportunity

      Prime 1-acre commercial land near Ovilla Road and I-35.
      905 Lark Ln, Oak Leaf, TX 75154
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    • Contact for pricing
      9.00 Acres

      Glenn Heights Retail Land Opportunity

      9 Acres, Retail Zoning, High Growth Area
      0 Hampton Rd & Ovilla Rd, Glenn Heights, TX 75154
      View Details
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      9.95 Acres

      Ovilla Road Commercial Land

      ±9.95 Acres, Retail Zoning, High Visibility
      0 Ovilla Rd & Santa Rosa Dr, Glenn Heights, TX 75154
      View Details
    • Contact for pricing
      3.68 Acres

      Prime Red Oak Commercial Land

      3.68 Acres, High Traffic Area
      0 Ovilla Rd, Red Oak, TX 75154
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      8 SF

      Commercial Land Near Future Loop

      8.7 acres of commercial land with frontage on future Loop.
      2305 South Hampton Rd, Glenn Heights, TX 75154
      View Details

    FAQs

    What type of property is this?
    Land - 1-Acre Site, Prime Location, High Growth
    Where is this land located?
    The property is located at 905 Lark Ln Oak Leaf, TX.
    What is the asking price?
    The asking price for this property is $304,920.
    What are key features of this property?
    This property features: 1.0-acre investment opportunity, Neighborhood Business zoning.; Excellent location, one lot south of expanded Ovilla Road in Oak Leaf's growth area.; Adjacent to new development, including an AutoZone and shopping center.
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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
    905 Lark Ln Oak Leaf, TX 75154
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