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

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    28.8 Acres, I-35E & Red Oak Rd, TX

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    365
    This exceptional 28.8-acre commercial development site in Red Oak, Texas, presents a unique mixed-use opportunity. Strategically located at the southwest quadrant of Red Oak Road and I-35E, this property boasts unparalleled highway visibility. The site is divided into five tracts, offering flexibility for various development scenarios. Tract 1 encompasses 15.18 acres, featuring approximately 670 feet of frontage on Red Oak Road and 1,100 feet on Waterview Parkway. Tract 2, a 5.83-acre parcel, provides high visibility from I-35E, with approximately 1,117 feet of frontage on the I-35E access road and 1,100 feet on Waterview Parkway. Tract 3 (1.63 acres) and Tract 4 (5 acres) are situated at the northwest and southwest corners of the I-35E frontage road and Waterview Parkway, respectively, and offer significant highway exposure. Combining Tracts 3 and 4 creates a 7.46-acre parcel. Finally, Tract 5 comprises 1.19 acres at the southwest corner of the I-35E frontage road and Waterview Parkway. The property is zoned HO – Highway Overlay PD and is adjacent to Red Oak City Hall, featuring a 7-acre lake with walking trails and fishing opportunities. This prime location offers significant potential for a variety of commercial developments, capitalizing on its high visibility and convenient access to major transportation arteries. The assemblage of tracts allows for large-scale development or the creation of smaller, individual projects.

    Property Features for I-35E And Red Oak Rd

    General Information

    Property type
    Land
    Lot Size
    1,254,528 SF

    HighLights

    • 28.8‑acre commercial development site in Red Oak, TX.
    • Five tracts available, ranging from 1.19 to 15.18 acres.
    • High visibility from I‑35E and Red Oak Road.
    • HO (Highway Overlay) PD zoning.
    • Proximity to Red Oak City Hall and a 7‑acre lake with walking trails.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Red Oak
    County
    Ellis
    State
    Texas
    Longitude
    -96.8218038
    Latitude
    32.5195268

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    FAQs

    What type of property is this?
    Land - 28.8 Acres, I-35E & Red Oak Rd, TX
    Where is this land located?
    The property is located at I-35E And Red Oak Rd Red Oak, TX.
    What are key features of this property?
    This property features: 28.8-acre commercial development site in Red Oak, TX.; Five tracts available, ranging from 1.19 to 15.18 acres.; High visibility from I-35E and Red Oak Road.
    (469) 625-4957
    Request Owner's contact information
    I-35E And Red Oak Rd 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 And Red Oak Rd Red Oak, TX 75154
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