Your AI Navigator in Commercial Real Estate
Sign Up Successful!
You now have access to more from Realmo!
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search

    2611 Ovilla Rd Red Oak, TX 75154

    For Sale
    $910,000

    High-growth area, excellent investment.

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    365
    This exceptional commercial land opportunity in Red Oak, Texas, presents a compelling investment prospect. Located at 2611 Ovilla Rd, 75154, this generous corner lot boasts outstanding zoning, making it ideally suited for a variety of commercial ventures. Situated in a rapidly expanding area of Ellis County, this property offers significant potential for future appreciation. The current improvements consist of a fully leased office building, providing immediate and consistent cash flow. The property's prime location and high visibility ensure strong tenant demand and potential for future development. With its strategic positioning and exceptional zoning, this property is poised for substantial long-term growth. The asking price is $910,000. This is a rare chance to acquire a high-performing commercial property in a thriving Texas market. Don't miss this opportunity to capitalize on the robust growth and investment potential of this prime Red Oak location. The property's size and location make it an ideal investment for both seasoned and emerging investors seeking a strong return on investment.

    Property Features for 2611 Ovilla Rd

    General Information

    Property type
    Land

    HighLights

    • $910,000 asking price.
    • Large corner lot in Red Oak, Texas.
    • High‑growth area with excellent investment potential.
    • Beneficial zoning.
    • Fully leased office building.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Spa & Massage Dental Office Wholesale Shop Auto Repair Shop Hair Salon Clothing Store

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Red Oak
    County
    Ellis
    State
    Texas
    Longitude
    -96.8342204
    Latitude
    32.5312971

    Nearby Similar for Sale

    • $200,000
      0.21 Acres

      Updated Commercial Building in Red Oak

      Updated commercial building in prime Red Oak location for sale.
      329 N State Highway 342, Red Oak, TX 75154
      View Details
    • $350,000
      0.23 Acres

      Red Oak Commercial Opportunity

      Commercial building in Red Oak, TX, suitable for various businesses.
      405 N State Highway 342, Red Oak, TX 75154
      View Details
    • $799,999
      1.00 Acre

      Red Oak Flexible Office Space

      Office and warehouse space in Red Oak, near I-35E.
      650 S Interstate 35 Rd, Red Oak, TX 75154
      View Details
    • $960,000
      1.51 Acres

      Red Oak Office Opportunity

      Commercial opportunity in Red Oak, just off newly renovated Ovilla Rd.
      2611 Ovilla Rd, Red Oak, TX 75154
      View Details
    • $499,000
      0.37 Acres

      Red Oak Industrial Flex Space

      3,000 SF flex space suitable for various commercial uses.
      307 N State Highway 342, Red Oak, TX 75154
      View Details
    • $3,500,000
      5.02 Acres

      Red Oak Income Opportunity

      Property with houses, mobile homes, taxidermy shop, and billboard.
      404 S Interstate 35 Rd, Red Oak, TX 75154
      View Details

    FAQs

    What type of property is this?
    Land - High-growth area, excellent investment.
    Where is this land located?
    The property is located at 2611 Ovilla Rd Red Oak, TX.
    What is the asking price?
    The asking price for this property is $910,000.
    What are key features of this property?
    This property features: $910,000 asking price.; Large corner lot in Red Oak, Texas.; High-growth area with excellent investment potential.
    (972) 921-1594
    Request Owner's contact information
    2611 Ovilla Rd Red Oak, TX 75154
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    2611 Ovilla Rd
    Red Oak, TX 75154
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    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
    2611 Ovilla Rd Red Oak, TX 75154
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Google sign-in failed. Please try again or use another login method.
    Create New Password
    • At least 8 characters
    • Contains both letters and numbers
    • Contains uppercase and lowercase letters
    • At most 32 characters
    • Password required
    • Password reset link has expired. Please request a new one.