100 Ryan Dr Red Oak, TX 75154
- Commercial real estate
- 156,680 SF
- 24.03 lot acres
Current Use by Public Records
- Commercial real estate
Property Details for 100 Ryan Dr
- Year built
- 2011
- Lot size
- 24.03 lot acres
- Property size
- 156,680 SF
- Property type
- Commercial real estate
- APN
- 72.9138.901.001.00.111
- APU
- 72913890100100111
Description
This exceptional commercial land offering in Red Oak, Texas, presents a unique investment opportunity. Located at 100 Ryan Drive in Ellis County, zip code 75154, the property boasts multiple lot sizes ranging from 1.11 to 5.37 acres. The strategic location provides unparalleled visibility and accessibility, with Pads 1B and 2B benefitting from direct frontage on the I-35E frontage road, ensuring high traffic exposure for any commercial development. This prime real estate is ideally suited for a variety of commercial uses, offering significant potential for growth and return on investment. A key advantage is the proximity to a Walmart Supercenter, providing immediate access to a substantial customer base and enhancing the overall desirability of the location. The property's latitude and longitude coordinates are 32.5135255 and -96.7708138 respectively. Lot 2A is particularly attractive due to its adjacency to the Walmart Supercenter. This presents a rare opportunity to capitalize on the significant foot traffic and established retail presence in the area. The property is classified as commercial land and is ready for development. Serious inquiries are encouraged to explore the full potential of this exceptional commercial land offering.
Value Estimation
-
AI approach
- CAP return
- Estimation
- Estimation
- $150,000
-
CAP approach
- CAP return
- Estimation
- 6%
- $215,000
- 6.5%
- $220,000
- 7%
- $195,000
-
Comparable approach
- Method
- Estimation
- Relative Method
- $225,000
- Geo Method
- $235,000
-
Alternative Use
- Use
- Estimation
- Distribution
- $195,000
- Retail
- $190,000
- Mixed-Use
- $165,000
- Hospitality
- $175,000
- Educational
- $170,000
- Residential Income
- $220,000
- Energy
- $200,000
- Income-Based Land
- $205,000
- Food Service
- $220,000
Location Insight
- Map
- Local Demand
- City
- Red Oak
- County
- Ellis
- State
- Texas
- Longitude
- -96.8156
- Latitude
- 32.5338
- CBSA code
- 19100
- CBSA name
- DALLAS-FORT WORTH-ARLINGTON, TX METROPOLITAN STATISTICAL AREA