321 Ovilla RdRed Oak, TX 75154

Property Details for 321 Ovilla Rd

Year built

2020

Lot size

1.14 AC

Property size (Sq ft)

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.

Location Insight

City

Red Oak

County

Ellis

State

Texas

Latitude

32.5313

Longitude

-96.8006

CBSA code

19100

CBSA name

DALLAS-FORT WORTH-ARLINGTON, TX METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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