2611 Ovilla RdRed Oak, TX 75154

Property Details for 2611 Ovilla Rd

Year built

2008

Lot size

1.51 AC

Property size (Sq ft)

2,916 SF

Property type

Commercial real estate

APN

72.2692.902.014.00.111

APU

72269290201400111

Description

This exceptional commercial land opportunity in Red Oak, Texas, presents a compelling investment prospect. Located at 2611 Ovilla Rd, 75154, this generous corner lot boasts outstanding zoning, making it ideally suited for a variety of commercial ventures. Situated in a rapidly expanding area of Ellis County, this property offers significant potential for future appreciation. The current improvements consist of a fully leased office building, providing immediate and consistent cash flow. The property's prime location and high visibility ensure strong tenant demand and potential for future development. With its strategic positioning and exceptional zoning, this property is poised for substantial long-term growth. The asking price is $910,000. This is a rare chance to acquire a high-performing commercial property in a thriving Texas market. Don't miss this opportunity to capitalize on the robust growth and investment potential of this prime Red Oak location. The property's size and location make it an ideal investment for both seasoned and emerging investors seeking a strong return on investment.

• Alternative Use

  Use

  Valuation

  Residential

  $569,256

  Hospitality

  $521,436

  Educational

  $433,829

  Medical

  $448,749

  Retail

  $674,844

Location Insight

City

Red Oak

County

Ellis

State

Texas

Latitude

32.5312

Longitude

-96.8342

CBSA code

19100

CBSA name

DALLAS-FORT WORTH-ARLINGTON, TX METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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