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    Hampton Rd & Ovilla Rd Glenn Heights, TX 75154

    For Sale
    Contact for pricing

    9 Acres, Retail Zoning, High Growth Area

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    365
    This exceptional 9-acre commercial land parcel presents a unique investment opportunity in the thriving Glenn Heights, Texas market. Located at the southeast corner of S. Hampton Road and Ovilla Road, this property benefits from its strategic position within Ellis County, situated between the rapidly expanding cities of Red Oak, Ovilla, and Oak Leaf. The site is ideally zoned for retail development, offering significant potential for a variety of commercial uses. Ovilla Road is undergoing a major expansion to a six-lane divided highway, dramatically increasing visibility and accessibility. Furthermore, there's potential for the re-alignment of S. Hampton Road to create a highly desirable northeast hard corner. The land is priced competitively at $6.00 per square foot and is available for sale as a whole or potentially divisible to accommodate various development plans. This prime location, coupled with the ongoing infrastructure improvements and the area's robust growth trajectory, makes this a compelling investment prospect for discerning buyers seeking high-return potential in a dynamic Texas market. The property's 75154 zip code further underscores its convenient location and access to key transportation routes. This is a rare chance to acquire a significant land holding in a rapidly developing area poised for substantial future appreciation.

    Property Features for 0 Hampton Rd & Ovilla Rd

    General Information

    Property type
    Land
    Lot Size
    392,040 SF

    HighLights

    • 9‑acre commercial land parcel in Glenn Heights, TX.
    • Ideally located at S. Hampton Rd & Ovilla Rd, Ellis County.
    • Retail zoning; potential for various commercial uses.
    • $6.00/SF; divisible.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Glenn Heights
    County
    Ellis
    State
    Texas
    Longitude
    -96.8587986
    Latitude
    32.5319374

    Nearby Comparable

    • Contact for pricing

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      Oak Leaf Commercial Land

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      9.95 Acres

      Ovilla Road Commercial Land

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      Prime Red Oak Commercial Land

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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
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    FAQs

    What type of property is this?
    Land - 9 Acres, Retail Zoning, High Growth Area
    Where is this land located?
    The property is located at Hampton Rd & Ovilla Rd Glenn Heights, TX.
    What are key features of this property?
    This property features: 9-acre commercial land parcel in Glenn Heights, TX.; Ideally located at S. Hampton Rd & Ovilla Rd, Ellis County.; Retail zoning; potential for various commercial uses.
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    Hampton Rd & Ovilla Rd Glenn Heights, 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
    Hampton Rd & Ovilla Rd Glenn Heights, TX 75154
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