321 Ovilla Rd Red Oak, TX 75154
- Commercial real estate
- 3,662 SF
- 1.14 lot acres
Current Use by Public Records
- Commercial real estate
Property Details for 321 Ovilla Rd
- Year built
- 2020
- Lot size
- 1.14 lot acres
- Property size
- 3,662 SF
- Property type
- Commercial real estate
- APN
- 72.2498.901.002.00.111
- APU
- 72249890100200111
Description
This exceptional 1.04-acre commercial land parcel is strategically located at 321 East Ovilla Road in Red Oak, Texas, 75154, offering unparalleled visibility and accessibility. Situated on a hard corner with a traffic light at the intersection of FM Road 664, this property boasts three sides of road frontage, ensuring maximum exposure to the over 20,000 vehicles that travel this busy thoroughfare daily. The location benefits from proximity to a concentration of established businesses including Walmart, Chick-fil-A, McDonald's, Sonic, Panda Express, and Ace Hardware, creating a vibrant and high-traffic commercial environment. The site's advantageous position is further enhanced by its adjacency to Triumph, a manufacturer employing 1300 individuals, with plans for an additional 800 employees across the street. This presents a significant opportunity to cater to the substantial lunch and daily needs of this workforce, currently underserved by on-site dining options. The asking price for this prime commercial land is $815,443, translating to $784,080 per acre. This vacant lot presents a unique opportunity for a restaurant, retail establishment, or even a service station to thrive in this rapidly growing area of Red Oak. The property's high visibility and strategic location are perfectly positioned to maximize your business's bottom line. Ellis County location.
Value Estimation
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Red Oak
- County
- Ellis
- State
- Texas
- Longitude
- -96.8006
- Latitude
- 32.5313
- CBSA code
- 19100
- CBSA name
- DALLAS-FORT WORTH-ARLINGTON, TX METROPOLITAN STATISTICAL AREA
