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    I-35E And Dl Evans Dr Italy, TX 76651

    For Sale
    Contact for pricing

    Prime Restaurant Pads near I-35E & Dale Evans Dr

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    369
    This exceptional opportunity presents multiple pad sites totaling 4.07 acres along the heavily trafficked I-35E corridor in Italy, Texas. The property boasts excellent visibility and accessibility, situated at the intersection of I-35E and Dale Evans Drive, in Ellis County, zip code 76651. Individual pad sizes range from 0.75 acres to 2.57 acres, offering flexibility for various development concepts. The larger 2.57-acre pad is particularly well-suited for a hotel or larger commercial building. The smaller 0.75-acre pad is ideal for a quick-service restaurant (QSR). This location benefits from significant daily traffic counts of 40,264 vehicles per day, ensuring high visibility and potential customer reach. The property's strategic location is further enhanced by its proximity to established businesses, including McDonald's, Sonic, and Jack in the Box (opened in 2020), creating a thriving commercial environment. This is a rare opportunity to acquire prime real estate in a high-growth area with strong demographics and exceptional visibility. The property is offered for sale and presents a compelling investment opportunity for developers seeking to capitalize on the robust commercial activity along this major transportation artery. The coordinates for the property are 32.1942535 latitude and -96.8988478 longitude.

    Property Features for I-35E And Dl Evans Dr

    General Information

    Property type
    Restaurants
    Lot Size
    32,670 SF

    HighLights

    • 4.07 acres of combined pad sites on the I‑35E corridor in Italy, TX.
    • 0.75‑acre pad site available.
    • 2.57‑acre pad ideal for hotel or larger commercial development.
    • Join established businesses including McDonald's, Sonic, and Jack in the Box.
    • High visibility with 40,264 vehicles per day (VPD) on I‑35E.
    • Excellent opportunity for QSR and hotel development.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Italy
    County
    Ellis
    State
    Texas
    Longitude
    -96.8988478
    Latitude
    32.1942535

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    Nearby Similar for Sale

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      Versatile Commercial Space in Italy, TX

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    FAQs

    What type of property is this?
    Restaurant - Prime Restaurant Pads near I-35E & Dale Evans Dr
    Where is this restaurant located?
    The property is located at I-35E And Dl Evans Dr Italy, TX.
    What are key features of this property?
    This property features: 4.07 acres of combined pad sites on the I-35E corridor in Italy, TX.; 0.75-acre pad site available.; 2.57-acre pad ideal for hotel or larger commercial development.
    Request Owner's contact information
    I-35E And Dl Evans Dr Italy, TX 76651
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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 Dl Evans Dr Italy, TX 76651
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