321 Ovilla RdRed Oak, TX 75154

For Sale
$815,443

High-traffic corner lot, ideal for retail.

Overview

Added:
Dec 11, 2024
Days on market:
92
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.

Highlights

  • 1.04-acre commercial lot for sale at $815,443 ($784,080/acre) in Red Oak, TX.
  • High-traffic location on FM Road 664, boasting over 20,000 vehicles daily and three sides of road frontage.
  • Hard corner lot with traffic signal, providing excellent visibility and accessibility.
  • Surrounded by established businesses including Walmart, Chick-fil-A, McDonald's, Sonic, Panda Express, and Ace Hardware.
  • Adjacent to Triumph, a manufacturer employing 1300+ employees, with plans for an additional 800 employees across the street, creating high demand for nearby services.

Location Insight

City
Red Oak
County
Ellis
State
Texas
Latitude
32.531702
Longitude
-96.8003633
321 Ovilla Rd, Red Oak, Texas

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321 Ovilla Rd
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