0 Ovilla Rd Red Oak, TX 75154
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.
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.
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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.