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402 N Interstate 35
Red Oak, TX 75154
Interstate - 35 · Land For Sale
·
2.67 AC
INVESTMENT HIGHLIGHTS
- Highway frontage of I-35E with 100k VPD
EXECUTIVE SUMMARY
Prime Real Estate Opportunity: 2.67 Acres Zoned for Highway-Oriented Development
Seize the opportunity to own a premier piece of real estate prominently located at the gateway to the 664 exchange. This expansive 2.67-acre parcel is zoned for highway-oriented use, making it an ideal spot for businesses aiming for high visibility and accessibility.
Currently accessible via the old service road entrance ramp, this property is set to benefit significantly from the upcoming infrastructure changes in Fall 2024, when the old freeway entrance ramp will be realigned to enhance traffic flow directly past this site. A new retaining wall is also planned, which will facilitate traffic over the interchange directly to Route 664, positioning this property as the first visible site on the service road—ensuring unmatched exposure to passing traffic.
Adding to its value, the property includes a large, onsite 10'x30' billboard, perfect for advertising or leasing out for additional revenue. This billboard amplifies the site’s visibility, making it an even more attractive location for potential businesses.
This property represents a rare opportunity for savvy investors or companies looking for a strategic location with significant future traffic flow increases. Don't miss out on the chance to develop in what is set to become one of the most coveted spots for commercial visibility in the area
Seize the opportunity to own a premier piece of real estate prominently located at the gateway to the 664 exchange. This expansive 2.67-acre parcel is zoned for highway-oriented use, making it an ideal spot for businesses aiming for high visibility and accessibility.
Currently accessible via the old service road entrance ramp, this property is set to benefit significantly from the upcoming infrastructure changes in Fall 2024, when the old freeway entrance ramp will be realigned to enhance traffic flow directly past this site. A new retaining wall is also planned, which will facilitate traffic over the interchange directly to Route 664, positioning this property as the first visible site on the service road—ensuring unmatched exposure to passing traffic.
Adding to its value, the property includes a large, onsite 10'x30' billboard, perfect for advertising or leasing out for additional revenue. This billboard amplifies the site’s visibility, making it an even more attractive location for potential businesses.
This property represents a rare opportunity for savvy investors or companies looking for a strategic location with significant future traffic flow increases. Don't miss out on the chance to develop in what is set to become one of the most coveted spots for commercial visibility in the area
PROPERTY FACTS
1 LOT AVAILABLE
Lot
| Price | $1,499,000 | Lot Size | 2.67 AC |
| Price Per AC | $561,423.22 |
| Price | $1,499,000 |
| Price Per AC | $561,423.22 |
| Lot Size | 2.67 AC |
Prime Real Estate Opportunity: 2.67 Acres Zoned for Highway-Oriented Development
DESCRIPTION
Prime commercial site located directly at the new entrance ramp to I-35E, just south of Hwy 664 / Ovilla Road, on the northbound side of the interstate. The property benefits from high visibility and immediate highway access, making it ideal for commercial, retail, or mixed-use development. A utility easement runs along the back of the property, providing convenient access for infrastructure and service connections. Additionally, there is secondary road access at the rear of the property, allowing for flexible ingress and egress options for future site planning or development.
PROPERTY TAXES
| Parcel Number | 194788 | Improvements Assessment | $19,794 |
| Land Assessment | $718,776 | Total Assessment | $738,570 |
PROPERTY TAXES
Parcel Number
194788
Land Assessment
$718,776
Improvements Assessment
$19,794
Total Assessment
$738,570
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