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    731 I-35 Waxahachie, TX 75154

    For Sale
    $2,395,000

    5.365 Acres, Multi-Tenant Potential

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    364
    This exceptional 5.365-acre commercial land parcel presents a remarkable investment opportunity in the thriving city of Red Oak, Texas. Located at 731 S. I-35 E., this property boasts a highly desirable location with excellent visibility and accessibility from Interstate 35. The permitted zoning is Commercial Retail, offering a wide range of development possibilities for savvy investors. The single building on the property allows for immediate potential for redevelopment or expansion. This multi-tenant property is ideal for a variety of commercial uses, catering to the growing needs of the Red Oak community and its surrounding areas. The expansive lot size provides ample space for substantial construction projects, ensuring significant return on investment. With its strategic location and versatile zoning, this property is poised for substantial growth and presents a unique chance to capitalize on the burgeoning commercial market in Ellis County, Texas. The asking price is $2,395,000. The property's address is 731 S. I-35 E., Red Oak, TX 75154. This is a rare opportunity to acquire a significant commercial land holding in a rapidly developing area. Don't miss out on this chance to secure a prime piece of Texas real estate.

    Property Features for 731 I-35

    General Information

    Property type
    Land
    Lot Size
    233,699 SF

    Building Details

    Buildings
    1

    HighLights

    • $2,395,000 asking price.
    • 5.365‑acre commercial land parcel.
    • Located at 731 S. I‑35 E., Red Oak, TX 75154.
    • Commercial Retail zoning.
    • Single building on the property.
    • Multi‑tenant permitted.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Waxahachie
    County
    Ellis
    State
    Texas
    Longitude
    -96.848664
    Latitude
    32.4463455

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    FAQs

    What type of property is this?
    Land - 5.365 Acres, Multi-Tenant Potential
    Where is this land located?
    The property is located at 731 I-35 Waxahachie, TX.
    What is the asking price?
    The asking price for this property is $2,395,000.
    What are key features of this property?
    This property features: $2,395,000 asking price.; 5.365-acre commercial land parcel.; Located at 731 S. I-35 E., Red Oak, TX 75154.
    Request Owner's contact information
    731 I-35 Waxahachie, 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
    731 I-35 Waxahachie, TX 75154
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