Red Oak Commercial Corner
For Sale
Contact for pricing
321 East Ovilla Road, Red Oak, TX 75154
Prime commercial lot for restaurant or retail in Red Oak.
Property SizeContact for details
Lot Size1.04 Acres
Days on Market705
Property Features for 321 East Ovilla Road
General Information
Standard status
Active
Lot size
1.04 Acres
Property subtype
Land
Listing Agency:
Hi View Real Estate
(972) 921-1594
Listed By:
Andrew Garrett · License #TX 0588777
Source:
Crexi
Added: Sep 26, 2024
Changed: Aug 28
Last Checked: Aug 29 at 2:24AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Hi View Real Estate
Investment Insights
Based on property information with market context.
This vacant lot is located on a hard corner of a busy FM road in Red Oak, Texas. The property is suitable for restaurant, retail, or even a service station. The site benefits from high visibility and road frontage on three sides. The location is on the main commercial boulevard through Red Oak, with over 20,000 cars passing daily on FM Road 664. A traffic light at the hard corner facilitates access to FM 664 for the 1300 employees of Triumph, a manufacturer of airframe systems for military and commercial programs. Future plans anticipate an additional 800 employees across the street. Given the absence of in-house restaurant operations at Triumph, this corner is well-suited for a major lunch business. The surrounding area features established businesses such as Walmart, Chick-fil-A, McDonald's, Sonic, Panda Express, and Ace Hardware. The lot size is 1.04 acres.
Key Highlights
- High‑traffic location: Over 20,000 cars per day on FM Road 664.
- Hard corner lot with traffic light access.
- Proximity to major employer: 1300 Triumph employees with potential for 800 more.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
286
Businesses Nearby
Explore this area
Business Placement
Demographics for 75154, TX
45,894
Population
17,170
Households
2.7
Avg Household Size
36
Median Age
31%
College-Educated
88%
High-School Grad
47.8 sq mi
ZIP Area
960
Density / Sq Mi
$96,150
Median Household Income
$48,112
Median Earnings
$1,446
Median Rent
$296,000
Median Home Value
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Commercial land - Prime commercial lot for restaurant or retail in Red Oak.
Where is this commercial land located?
The property is located at 321 East Ovilla Road Red Oak, TX.
What is the asking price?
The asking price for this property is $815,443.
What are key features of this property?
This property features: High‑traffic location: Over 20,000 cars per day on FM Road 664.; Hard corner lot with traffic light access.; Proximity to major employer: 1300 Triumph employees with potential for 800 more.
