1906 Bear Creek Rd Ovilla, TX 75154
For Sale
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This exceptional 19.34-acre industrial development site is strategically located in Ovilla, Texas, at 1906 Bear Creek Rd, offering unparalleled potential for commercial and industrial ventures. Zoned Industrial (I), this property allows for a wide range of uses, making it a highly versatile investment opportunity. Its prime location between S Duncanville Rd. and S Cockrell Hill Rd. provides easy access to major transportation arteries. Less than four and a half miles from both I-35E and US-67, this site ensures seamless connectivity for logistics and distribution. The property is the only industrial development site within Ovilla city limits, presenting a unique opportunity for businesses seeking a prominent presence in a rapidly growing area. Its adjacency to the proposed Loop 9 Segment A alignment, connecting US-67 to I-35E, further enhances its strategic value. The surrounding area is experiencing significant residential growth, with nearby developments like First Texas' Bear Creek and D.R. Horton's Stone Hill subdivisions contributing to a burgeoning population. Projected population growth of 5.2% between 2024 and 2029 underscores the increasing demand for commercial development in this location. The APN is 65120219610030000. This property presents a rare opportunity to capitalize on the robust growth and
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2023Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
Z236 · Glenn Heights, TXGlenn Heights. Always verify with local authorities before improvements.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.