I-35E And Red Oak Rd Red Oak, TX 75154
- Land
- 28.80 lot acres
Current Use by Public Records
- Land
Property Details for I-35E And Red Oak Rd
- Lot size
- 28.80 lot acres
- Property type
- Land
Description
This exceptional 28.8-acre commercial development site in Red Oak, Texas, presents a unique mixed-use opportunity. Strategically located at the southwest quadrant of Red Oak Road and I-35E, this property boasts unparalleled highway visibility. The site is divided into five tracts, offering flexibility for various development scenarios. Tract 1 encompasses 15.18 acres, featuring approximately 670 feet of frontage on Red Oak Road and 1,100 feet on Waterview Parkway. Tract 2, a 5.83-acre parcel, provides high visibility from I-35E, with approximately 1,117 feet of frontage on the I-35E access road and 1,100 feet on Waterview Parkway. Tract 3 (1.63 acres) and Tract 4 (5 acres) are situated at the northwest and southwest corners of the I-35E frontage road and Waterview Parkway, respectively, and offer significant highway exposure. Combining Tracts 3 and 4 creates a 7.46-acre parcel. Finally, Tract 5 comprises 1.19 acres at the southwest corner of the I-35E frontage road and Waterview Parkway. The property is zoned HO – Highway Overlay PD and is adjacent to Red Oak City Hall, featuring a 7-acre lake with walking trails and fishing opportunities. This prime location offers significant potential for a variety of commercial developments, capitalizing on its high visibility and convenient access to major transportation arteries. The assemblage of tracts allows for large-scale development or the creation of smaller, individual projects.
Value Estimation
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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
- -96.8218
- Latitude
- 32.5195