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Property profile & analytics
OFF-MARKET
Land

731 I-35 Waxahachie, TX 75154

5.37 ac lot
Property ID
Property summary
AI-generated overview

This exceptional 5.365-acre commercial land parcel presents a remarkable investment opportunity in the thriving city of Red Oak, Texas. Located at 731 S. I-35 E., this property boasts a highly desirable location with excellent visibility and accessibility from Interstate 35. The permitted zoning is Commercial Retail, offering a wide range of development possibilities for savvy investors. The single building on the property allows for immediate potential for redevelopment or expansion. This multi-tenant property is ideal for a variety of commercial uses, catering to the growing needs of the Red Oak community and its surrounding areas. The expansive lot size provides ample space for substantial construction projects, ensuring significant return on investment. With its strategic location and versatile zoning, this property is poised for substantial growth and presents a unique chance to capitalize on the burgeoning commercial market in Ellis County, Texas. The asking price is $2,395,000. The property's address is 731 S. I-35 E., Red Oak, TX 75154. This is a rare opportunity to acquire a significant commercial land holding in a rapidly developing area. Don't miss out on this chance to secure a prime piece of Texas real estate.

Property profile
Verified
Property type Land
Lot 5.37 ac (233,699 SF)
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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