Technical
Financial
Distress signals
Property profile

1957 Westmoreland Rd Red Oak, TX 75154

OFF-MARKET
Land
34.96 ac lot
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Property summary

AI-generated overview

This exceptional 34.962-acre ranch property presents a significant investment opportunity in Red Oak, Texas, situated at 1957 S Westmoreland Rd, zip code 75154. The land boasts approximately half a mile of frontage along the future Loop 9 highway expansion, offering unparalleled visibility and accessibility. This strategic location provides easy access to major transportation arteries, including US Hwy 67, I-45, I-35E, and I-20, once the Loop 9 expansion is complete. The property is zoned for agricultural use (Ag) and encompasses a total of 1,522,940 square feet. The Dallas County location, with its address in Glenn Heights, offers significant potential for various development projects. The property's APN is 65076442510020100. Prospective buyers are responsible for verifying all dimensions, allowable lot use, and all MLS information, including square footage, zoning, utilities, and school districts. Mineral rights are not included in the sale. Asking price is $5,000,000.

Property profile

Verified
Property type Land
Lot 34.96 ac (1,522,945 SF)

Cap rate & NOI

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

Location

1957 Westmoreland Rd Red Oak, TX 75154
Red Oak 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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