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Property profile

I-35E And Dl Evans Dr Italy, TX 76651

OFF-MARKET
Retail properties & Spaces
0.75 ac lot
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Property summary

AI-generated overview

This exceptional opportunity presents multiple pad sites totaling 4.07 acres along the heavily trafficked I-35E corridor in Italy, Texas. The property boasts excellent visibility and accessibility, situated at the intersection of I-35E and Dale Evans Drive, in Ellis County, zip code 76651. Individual pad sizes range from 0.75 acres to 2.57 acres, offering flexibility for various development concepts. The larger 2.57-acre pad is particularly well-suited for a hotel or larger commercial building. The smaller 0.75-acre pad is ideal for a quick-service restaurant (QSR). This location benefits from significant daily traffic counts of 40,264 vehicles per day, ensuring high visibility and potential customer reach. The property's strategic location is further enhanced by its proximity to established businesses, including McDonald's, Sonic, and Jack in the Box (opened in 2020), creating a thriving commercial environment. This is a rare opportunity to acquire prime real estate in a high-growth area with strong demographics and exceptional visibility. The property is offered for sale and presents a compelling investment opportunity for developers seeking to capitalize on the robust commercial activity along this major transportation artery. The coordinates for the property are 32.1942535 latitude and -96.8988478 longitude.

Property profile

Verified
Property type Retail properties & Spaces
Lot 0.75 ac (32,670 SF)

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

I-35E And Dl Evans Dr Italy, TX 76651
Italy metro
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Value estimations

Realmo proprietary · 4 methods
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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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