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Property profile & analytics
OFF-MARKET
Land

0 Red Oak Rd & Daubitz Dr Red Oak, TX 75154

13.26 ac lot
Property ID
Property summary
AI-generated overview

This ±13.26-acre commercial development site presents a unique investment opportunity in Red Oak, Texas. Strategically located at the intersection of W Red Oak Rd and Daubitz Dr, this C-1 zoned property offers exceptional visibility and accessibility. Its proximity to I-35E, boasting over 91,000 vehicles per day, ensures high traffic exposure. The site benefits from its location near major employers, including Triumph Aerostructures, and is conveniently situated near the recently constructed Red Oak High School and a Texas State Technical College campus. The area is experiencing significant population growth, with a 56.8% increase within a 5-mile radius from 2010 to 2020, and projected growth of 11.3% between 2021 and 2026. This robust population growth, coupled with the presence of numerous established retailers such as Walmart, Starbucks, CVS Pharmacy, Walgreens, and many others, creates a strong demand for commercial development. The C-1 zoning allows for a variety of uses, including neighborhood retail, office, and limited service establishments, making this a versatile and attractive investment opportunity. The property's excellent access and high visibility make it an ideal location for businesses seeking to capitalize on Red Oak's thriving economy and expanding population. The proposed TxDOT Loop 9 Tollway further enhances the site's long-term potential.

Property profile
Verified
Property type Land
Lot 13.26 ac (577,606 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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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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