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    2155 I-35E Red Oak, TX 75154

    For Sale
    $9,016,484

    Texas Industrial/Residential Land Investment

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    365
    This exceptional 29.57-acre land parcel presents a unique investment opportunity in the rapidly developing area of Glenn Heights, Texas. Located at 2155 S. I-35E, this multi-tenancy property boasts convenient access to Interstate 35E and the planned future Loop 9, offering unparalleled connectivity and future growth potential. The property is zoned for agriculture, providing flexibility for a variety of development options. With one existing building on the site, this property offers immediate potential for redevelopment or expansion. The asking price is $9,016,484. Situated in Dallas County, with a 75154 zip code, this location offers proximity to major transportation arteries and a growing residential and industrial market. The property's substantial size and strategic location make it ideal for a range of uses, from industrial development to residential projects, capitalizing on the area's burgeoning infrastructure and economic growth. This is a rare opportunity to acquire a large tract of land with significant upside potential in a high-demand location. The property's versatility and prime location make it an attractive investment for both short-term and long-term gains. Serious inquiries are encouraged to explore the full potential of this remarkable property. The property is classified as both residential and industrial, offering a unique blend of development possibilities.

    Property Features for 2155 I-35E

    General Information

    Property type
    Land
    Lot Size
    1,288,069 SF

    Building Details

    Buildings
    1

    HighLights

    • 29.57‑acre land parcel in Glenn Heights, TX, zoned for agriculture.
    • Excellent access to I‑35E and future Loop 9.
    • $9,016,484 asking price.
    • One existing building on site, offering redevelopment potential.
    • Located in Dallas County, zip code 75154, near major transportation arteries and growing residential/industrial markets.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Red Oak
    County
    Dallas
    State
    Texas
    Longitude
    -96.7708138
    Latitude
    32.5135255

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    FAQs

    What type of property is this?
    Land - Texas Industrial/Residential Land Investment
    Where is this land located?
    The property is located at 2155 I-35E Red Oak, TX.
    What is the asking price?
    The asking price for this property is $9,016,484.
    What are key features of this property?
    This property features: 29.57-acre land parcel in Glenn Heights, TX, zoned for agriculture.; Excellent access to I-35E and future Loop 9.; $9,016,484 asking price.
    Request Owner's contact information
    2155 I-35E 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
    2155 I-35E Red Oak, TX 75154
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