680 Ovilla Rd Red Oak, TX 75154
This exceptional 1.23-acre commercial pad site presents a prime opportunity for retail development in the thriving Red Oak, Texas market. Located at 680 East Ovilla Road, this single-tenant property boasts a total buildable area of 53,709 square feet, currently vacant and ready for immediate construction. The site's ideal hard corner location makes it particularly attractive for fast-food restaurants or service-oriented businesses. Zoned PD-66, this property offers significant potential for high visibility and accessibility. Situated in Ellis County, Texas, zip code 75154, this location benefits from the robust growth experienced in the Red Oak area. The expansive 53,709 square feet of vacant space provides ample room for a substantial building, catering to a variety of retail concepts. The 1.23-acre lot size offers flexibility in design and ample space for parking and landscaping. This property represents a unique chance to establish a successful business in a dynamic and expanding market. Its strategic location and zoning make it an exceptional investment opportunity.
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.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.