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Property profile & analytics
FOR SALE
Commercial land

1906 Bear Creek Rd Ovilla, TX 75154

1,040 SF 19.34 ac lot Built 1963
Individually Owned 18-yr Hold Free & Clear
Property ID
US82-3005117
Property summary
AI-generated overview

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

Property profile
Verified
Property type Commercial land
Use group VACANT COMMERCIAL LAND
Year built 1963
Total area 1,040 SF
Lot 19.34 ac (842,581 SF)
Zoning code Z236
APN 65120219610030000
UPID US82-3005117
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
AI Approach AI
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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
James D Finley · 18 yrs held
James D Finley
since 2007
2 recorded transactions
2007
Price N/A
2007
$203,500
Zoning & alternative use
Z236 · Glenn Heights, TX
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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