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    OFF-MARKET
    Land

    831 I-35, Waxahachie, TX 75154

    5 ac lot
    Property ID
    Property summary
    AI-generated overview

    This exceptional 5-acre commercial land parcel presents a unique investment opportunity in Red Oak, Texas. Strategically located at 831 S. I-35 E, this property boasts unparalleled visibility and accessibility due to its direct frontage on Interstate 35, a major transportation artery. The property's permitted zoning is Commercial Retail, allowing for a wide range of development possibilities to cater to the high traffic volume generated by the interstate. The site is situated near The Oaks Church, further enhancing its potential for attracting a diverse clientele. The expansive lot size provides ample space for a variety of commercial ventures, from retail establishments and restaurants to office buildings or other suitable commercial uses. This prime location offers significant potential for substantial returns on investment, making it an attractive proposition for discerning developers and investors seeking a high-impact commercial property in a rapidly growing area. The address is 831 S. I-35 E, Red Oak, TX 75154, within Ellis County. The property's geographic coordinates are 32.4463455 latitude and -96.848664 longitude. The property consists of one building on the site. This is a multi-tenancy property.

    Property profile
    Verified
    Property type Land
    Lot 5 ac (217,800 SF)
    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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    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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