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    Tbd 1.499Ac Interstate 35 Red Oak, TX 75154

    For Sale
    $349,999

    ±1.5 Acres, I-35 Frontage, High Growth Area

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    365
    This exceptional ±1.499-acre commercial land parcel presents a remarkable investment opportunity in the thriving city of Red Oak, Texas. Strategically located on Interstate 35, this property boasts unparalleled visibility and accessibility, ensuring maximum exposure for any future development. The site is situated within the city limits of Red Oak, offering convenient access to essential infrastructure and utilities. This rapidly growing area is experiencing significant residential and commercial expansion, creating a robust and dynamic market for businesses. The property's prime location along a major highway and thoroughfare guarantees high traffic counts and excellent visibility, making it ideal for a wide range of commercial ventures. Nearby residential developments and existing commercial establishments further enhance the property's value and potential. With its exceptional location and growth potential, this ±1.499-acre tract represents a rare opportunity to secure a prominent position in a flourishing Texas market. The zip code is 75154, and the Ellis County location offers further advantages for businesses seeking a strategic foothold in this dynamic region. This property is ready for development and offers significant potential for long-term growth and return on investment. The address is TBD, but the precise location is easily identifiable via the provided latitude and longitude coordinates: 32.503392050972636, -96.82177708781465.

    Property Features for 0 Tbd 1.499Ac Interstate 35

    General Information

    Property type
    Land

    HighLights

    • $349,999 asking price for 1.499 acres of commercial land.
    • Located in Red Oak, TX, within city limits.
    • Situated on Interstate 35, offering high visibility and accessibility.
    • Located in a rapidly growing area with nearby residential and commercial development.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Red Oak
    County
    Ellis
    State
    Texas
    Longitude
    -96.821777087815
    Latitude
    32.503392050973

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    FAQs

    What type of property is this?
    Land - ±1.5 Acres, I-35 Frontage, High Growth Area
    Where is this land located?
    The property is located at Tbd 1.499Ac Interstate 35 Red Oak, TX.
    What is the asking price?
    The asking price for this property is $349,999.
    What are key features of this property?
    This property features: $349,999 asking price for 1.499 acres of commercial land.; Located in Red Oak, TX, within city limits.; Situated on Interstate 35, offering high visibility and accessibility.
    (972) 921-1594
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    Tbd 1.499Ac Interstate 35 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
    Tbd 1.499Ac Interstate 35 Red Oak, TX 75154
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