I-35E Red Oak Rd Red Oak, TX 75154
This exceptional ±70.78-acre commercial land offering presents a prime development opportunity in Red Oak, Texas. Strategically located on I-35E at W Red Oak Rd, the property boasts exceptional visibility and accessibility, benefiting from over 91,000 vehicles passing daily. The site comprises three distinct tracts, zoned H-O & C-1, allowing for a diverse range of commercial uses including regional and neighborhood retail, auto sales, lodging, medical facilities, offices, and limited service establishments. Red Oak's rapid growth, evidenced by a 56% population increase within a 5-mile radius from 2010-2020, and an average household income exceeding $95,000 within the same area, underscores the significant potential for this investment. The property's proximity to new residential developments, the proposed Loop 9 Tollway, a recently constructed $71 million high school, and a Texas State Technical College campus further enhances its appeal and future prospects. This is a rare opportunity to capitalize on the explosive growth of Red Oak and Ellis County. The property's size and zoning flexibility make it ideal for a variety of large-scale commercial projects. Don't miss this chance to secure a prominent position in one of Texas's fastest-growing markets. The property is located in Ellis County, Texas, with a zip code of 75154.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
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Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.