2155 I-35E Red Oak, TX 75154
This exceptional 29.57-acre land parcel presents a unique investment opportunity in the rapidly developing area of Glenn Heights, Texas. Located at 2155 S. I-35E, this multi-tenancy property boasts convenient access to Interstate 35E and the planned future Loop 9, offering unparalleled connectivity and future growth potential. The property is zoned for agriculture, providing flexibility for a variety of development options. With one existing building on the site, this property offers immediate potential for redevelopment or expansion. The asking price is $9,016,484. Situated in Dallas County, with a 75154 zip code, this location offers proximity to major transportation arteries and a growing residential and industrial market. The property's substantial size and strategic location make it ideal for a range of uses, from industrial development to residential projects, capitalizing on the area's burgeoning infrastructure and economic growth. This is a rare opportunity to acquire a large tract of land with significant upside potential in a high-demand location. The property's versatility and prime location make it an attractive investment for both short-term and long-term gains. Serious inquiries are encouraged to explore the full potential of this remarkable property. The property is classified as both residential and industrial, offering a unique blend of development possibilities.
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.