Current Use by Public Records
- Land
Property Details for & I-35E Century Way
- Lot size
- 17.85 lot acres
- Property type
- Land
Description
This ±17.85-acre commercial development site in Red Oak, Texas, presents a unique investment opportunity. Located on the northbound side of I-35E at Century Way, this property boasts exceptional visibility and accessibility, benefiting from over 91,000 vehicles daily on I-35E. The "HO" zoning allows for a variety of uses, including clinics, hospitals, lodging, and auto sales. Its strategic location near major retailers like Walmart, Starbucks, and CVS, coupled with proximity to Triumph Aerostructures, the proposed Loop 9 Tollway, Red Oak High School, and Texas State Technical College, ensures strong potential for development. Red Oak's impressive population growth—a 209% increase in taxable sales from 2000 to 2014 and a 56.8% growth within a 5-mile radius from 2010 to 2020—further underscores the site's value. Projected population growth of 11.3% between 2021 and 2026 reinforces the long-term viability of this exceptional commercial land. The property offers excellent exposure to vehicular traffic and superb access from both W Red Oak Rd and the I-35E access road, making it an ideal location for a variety of commercial ventures. The Ellis County location, with zip code 75154, provides easy access to major transportation arteries.
Value Estimations
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AI approach
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Red Oak
- County
- Ellis
- State
- Texas
- Longitude
- -96.825
- Latitude
- 32.5003
