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Property profile & analytics
OFF-MARKET
Land

& I-35E Century Way Red Oak, TX 75154

17.85 ac lot
Property ID
Property summary
AI-generated overview

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.

Property profile
Verified
Property type Land
Lot 17.85 ac (777,546 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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