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    I-35E And Dl Evans Dr Italy, TX 76651

    For Lease
    Contact for pricing

    Four prime restaurant pads near I-35E.

    Lot size:
    354,578 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    365
    This exceptional Ellis County offering presents four available restaurant pads totaling 4.07 acres along the heavily trafficked I-35E corridor. The property boasts excellent visibility and high traffic counts, averaging 40,264 vehicles per day. Three pads are 0.75 acres each, providing ample space for quick-service restaurants (QSRs), while a larger 2.57-acre pad is ideal for a hotel or larger commercial development. This strategic location offers significant advantages, placing your business in close proximity to established and successful businesses such as McDonald's, Sonic, and Jack in the Box (opened in 2020). The property's prime location and high visibility make it an exceptional investment opportunity for businesses seeking a high-traffic, easily accessible location. The combined acreage provides flexibility for various development scenarios, catering to a range of commercial needs. This is a rare opportunity to secure a prominent position in a thriving commercial area with exceptional visibility and high traffic volume. The property is available for sale and presents a compelling investment prospect for those seeking a high-return location.

    Property Features for I-35E And Dl Evans Dr

    General Information

    Property type
    Restaurants
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    354,578 SF

    Unit(s) available at that property

    Space
    Pad Site 1
    Size
    32,670 SF
    Space
    Pad Site
    Size
    111,949 SF
    Space
    Pad Site 2
    Size
    32,670 SF
    Space
    Available Space
    Size
    177,289 SF

    HighLights

    • Four and 0.07 acres of I‑35E corridor land available for sale.
    • Four available pad sites ranging from 0.75 to 2.57 acres.
    • Two 0.75‑acre pads available.
    • One 2.57‑acre pad suitable for hotel or commercial development.
    • Excellent location near McDonald's, Sonic, and Jack in the Box (opened 2020).
    • High visibility and traffic counts (40,264 vehicles per day) on I‑35E.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Italy
    County
    Ellis
    State
    Texas
    Longitude
    -96.8988478
    Latitude
    32.1942535

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    Nearby Similar for Lease

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    FAQs

    What type of property is this?
    Restaurant - Four prime restaurant pads near I-35E.
    Where is this restaurant located?
    The property is located at I-35E And Dl Evans Dr Italy, TX.
    What are key features of this property?
    This property features: Four and 0.07 acres of I-35E corridor land available for sale.; Four available pad sites ranging from 0.75 to 2.57 acres.; Two 0.75-acre pads available.
    Request Owner's contact information
    I-35E And Dl Evans Dr Italy, TX 76651
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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

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    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
    I-35E And Dl Evans Dr Italy, TX 76651
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