321 East Ovilla Road Red Oak, TX 75154
Prime commercial lot for restaurant or retail in Red Oak.
Type:Land
Lot size:
1.04 Acres- Added:
- Sep 26, 2024
- Days on Market:
- 578
- Last Refresh:
- Mar 17 at 1:13 pm
Property Features for 321 East Ovilla Road
General Information
- Standard status
- Active
- Lot size
- 1.04 Acres
- Property subtype
- Land
Listing agent Andrew Garrett License #TX 0588777
Listing office Hi View Real Estate
Listing date Sep 26, 2024
Source Crexi
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
Overview
Red Oak Commercial Corner Lot
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.
Property Profile
Insight Report
Location Intelligence
Current Use by Public Records
Commercial land
Location Insight
- Map
- Local Demand
- City
- Red Oak
- County
- Ellis
- State
- Texas
- Longitude
- -96.8153
- Latitude
- 32.515
Nearby Similar for Sale
FAQs
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.
