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    Red Oak Rd & Daubitz Dr Red Oak, TX 75154

    For Sale
    Contact for pricing

    Prime Ellis County location, high growth area.

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    365
    This ±13.26-acre commercial development site presents a unique investment opportunity in Red Oak, Texas. Strategically located at the intersection of W Red Oak Rd and Daubitz Dr, this C-1 zoned property offers exceptional visibility and accessibility. Its proximity to I-35E, boasting over 91,000 vehicles per day, ensures high traffic exposure. The site benefits from its location near major employers, including Triumph Aerostructures, and is conveniently situated near the recently constructed Red Oak High School and a Texas State Technical College campus. The area is experiencing significant population growth, with a 56.8% increase within a 5-mile radius from 2010 to 2020, and projected growth of 11.3% between 2021 and 2026. This robust population growth, coupled with the presence of numerous established retailers such as Walmart, Starbucks, CVS Pharmacy, Walgreens, and many others, creates a strong demand for commercial development. The C-1 zoning allows for a variety of uses, including neighborhood retail, office, and limited service establishments, making this a versatile and attractive investment opportunity. The property's excellent access and high visibility make it an ideal location for businesses seeking to capitalize on Red Oak's thriving economy and expanding population. The proposed TxDOT Loop 9 Tollway further enhances the site's long-term potential.

    Property Features for 0 Red Oak Rd & Daubitz Dr

    General Information

    Property type
    Land
    Lot Size
    577,606 SF

    HighLights

    • Prime 13.26‑acre commercial development site at W Red Oak Rd & Daubitz Dr, Red Oak, TX, near I‑35E (91,000+ VPD) and major retailers.
    • C‑1 zoning allows neighborhood retail, office, and limited service uses; high visibility and accessibility.
    • Strong population growth: 56.8% increase within 5 miles (2010‑2020), projected 11.3% growth (2021‑2026).
    • High traffic volume due to proximity to established retailers like Walmart, Starbucks, CVS, and Walgreens.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Red Oak
    County
    Ellis
    State
    Texas
    Longitude
    -96.8123472
    Latitude
    32.5171823

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    FAQs

    What type of property is this?
    Land - Prime Ellis County location, high growth area.
    Where is this land located?
    The property is located at Red Oak Rd & Daubitz Dr Red Oak, TX.
    What are key features of this property?
    This property features: Prime 13.26-acre commercial development site at W Red Oak Rd & Daubitz Dr, Red Oak, TX, near I-35E (91,000+ VPD) and major retailers.; C-1 zoning allows neighborhood retail, office, and limited service uses; high visibility and accessibility.; Strong population growth: 56.8% increase within 5 miles (2010-2020), projected 11.3% growth (2021-2026).
    (214) 520-8818
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    Red Oak Rd & Daubitz Dr 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
    Red Oak Rd & Daubitz Dr Red Oak, TX 75154
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