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Property profile & analytics
OFF-MARKET
Land

0 Reese Dr Red Oak, TX 75154

Property ID
Property summary
AI-generated overview

This exceptional 4.18-acre commercial land parcel presents a remarkable investment opportunity in the thriving city of Red Oak, Texas. Strategically located in Ellis County, this property boasts unparalleled visibility, fronting a Walmart Supercenter and enjoying convenient access to the heavily trafficked I-35E at Ovilla Road. The site is zoned for commercial use, offering flexibility for a wide range of development possibilities. The existing single building on the property provides potential for redevelopment or repurposing, while the expansive lot size allows for significant expansion or the construction of multiple buildings. With a minimum divisible square footage of zero, this property is suitable for various project scales. The maximum contiguous square footage is also unconstrained, offering developers significant flexibility in their plans. This prime location, combined with its high-traffic exposure and commercial zoning, makes this an ideal site for businesses seeking maximum visibility and accessibility. The property's proximity to major transportation arteries ensures easy access for customers and employees alike. This is a rare opportunity to acquire a substantial commercial land parcel in a rapidly growing area with significant potential for future appreciation. The address is on Reese Dr., Red Oak, TX 75154.

Property profile
Verified
Property type Land
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
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CAP Approach CAP
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Comparable Approach Comparable
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Blend (final) Blend
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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