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    Ovilla Rd & Santa Rosa Dr Glenn Heights, TX 75154
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    Ovilla Rd & Santa Rosa Dr, Glenn Heights, TX 75154

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    • Land
    • 9.95 lot acres
    Off-Market

    Value Estimations
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Land

    Property Details for 0 Ovilla Rd & Santa Rosa Dr

    Lot size
    9.95 lot acres
    Property type
    Land

    Description

    This ±9.95-acre commercial land parcel presents a prime development opportunity in Glenn Heights, Texas. Located at the southeast corner of E Ovilla Rd (FM 664) and Santa Rosa Dr, in Dallas County, zip code 75154, this property boasts exceptional visibility and accessibility due to its location on a major thoroughfare. The site is zoned for Retail District (R), allowing for a variety of commercial uses, including restaurants (drive-throughs permitted with a Special Use Permit), retail, and office spaces. A conceptual plan already exists, suggesting three restaurant pad sites along Ovilla Road and a larger site at the rear. The property's strategic location is only 1.5 miles from the rapidly expanding Interstate 35E corridor in Ellis County, benefiting from high traffic counts and strong demographics. Significant population growth is projected for the area, with a 63.46% increase from 2010 to 2020 and a further anticipated 24.33% growth between 2022 and 2027. The surrounding area features numerous established retailers, including Walmart, Starbucks, and other national chains, creating a robust commercial environment. This site is divisible, offering flexibility for developers. The property's location and zoning make it an ideal investment for commercial development in a high-growth area.


    Value Estimations

    based on Realmo’s proprietary methodology
    • AI approach

    • CAP approach

    • Comparable approach

    • Alternative Use


    Location Insight

    • Map
    • Local Demand
    City
    Glenn Heights
    County
    Dallas
    State
    Texas
    Longitude
    -96.8524
    Latitude
    32.5319
    More about this property
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