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Property profile & analytics
OFF-MARKET
Land

0 Ovilla Rd Red Oak, TX 75154

Property ID
Property summary
AI-generated overview

This exceptional 1.24-acre commercial land parcel presents a remarkable investment opportunity in Red Oak, Texas. Situated at the highly visible intersection of Uhl and E. Ovilla Road, this lot is the first signalized hard corner west of IH 35, ensuring maximum exposure and accessibility. The property boasts a morning-side traffic position, guaranteeing high visibility for your business. This location is perfectly suited for a variety of commercial uses, including retail establishments, office spaces, medical facilities, and restaurants. The lot is priced at $758,000, translating to approximately $610,154 per acre. Pricing per square foot varies depending on lot position: $14 per square foot for the front lot and $8.50 per square foot for the back lot. This prime location in Ellis County, Texas, with its excellent access and high traffic volume, offers unparalleled potential for significant return on investment. The zip code is 75154. Don't miss this chance to secure a prominent location for your next commercial venture.

Property profile
Verified
Property type Land
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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CAP Approach CAP
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Comparable Approach Comparable
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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