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Harmony Way
Red Oak, TX 75154
Red Oak Legacy Square · Land For Sale
·
16.78 AC
Investment Highlights
- Close to national brands and adjacent to planned multifamily and residential projects.
- Benefits from FM 664/Ovilla Road improvements expanding to six lanes for enhanced accessibility.
- Anchored by a major entertainment destination featuring B&B Theatres.
- Strong retail and dining co-tenancy opportunities with high consumer draw.
- Frontage along Interstate 35E with exposure to over 110,000 vehicles daily.
Executive Summary
This 46-acre commercial land offering is situated within Red Oak Legacy Square, a large-scale mixed-use development designed to meet the growing demand of Northern Ellis County. Positioned along Interstate 35 with frontage exposure, the site captures visibility from an estimated 110,000 vehicles per day, complemented by 40,000 VPD on FM 664/Ovilla Road. This corridor is one of the busiest intersections in Ellis County and serves as a primary gateway for businesses seeking regional connectivity to Dallas-Fort Worth.
The development is anchored by B&B Theatres featuring a 12-screen movie complex paired with a 16-lane bowling alley and entertainment arcade. Additional retail and dining users, including Olive Garden, enhance the project’s draw, while proximity to major hi-tech infrastructure investments by Compass Datacenters and Google signals long-term economic vitality. The property is adjacent to residential growth with multifamily and new single-family subdivisions in progress, creating a built-in consumer base. This opportunity offers developers a prime position to capitalize on Red Oak’s rapid growth, robust population trajectory, and favorable business climate.
The development is anchored by B&B Theatres featuring a 12-screen movie complex paired with a 16-lane bowling alley and entertainment arcade. Additional retail and dining users, including Olive Garden, enhance the project’s draw, while proximity to major hi-tech infrastructure investments by Compass Datacenters and Google signals long-term economic vitality. The property is adjacent to residential growth with multifamily and new single-family subdivisions in progress, creating a built-in consumer base. This opportunity offers developers a prime position to capitalize on Red Oak’s rapid growth, robust population trajectory, and favorable business climate.
Property Facts
3 Lots Available
Lot
| Lot Size | 14.08 AC |
| Lot Size | 14.08 AC |
Lot
| Lot Size | 1.25 AC |
| Lot Size | 1.25 AC |
Lot
| Lot Size | 1.45 AC |
| Lot Size | 1.45 AC |
Description
The subject property comprises approximately 46 acres of commercially zoned land situated along Interstate 35 in Red Oak, Texas. It forms part of a mixed-use development project supported by municipal approvals and major infrastructure enhancements along FM 664/Ovilla Road. The site is near large-scale hi-tech campuses and industrial developments, as well as multifamily and single-family residential communities under construction. Primary access is provided from Interstate 35 and FM 664, linking the property to Red Oak’s urban core and the Dallas-Fort Worth metropolitan area approximately 20 miles north.
Property Taxes
| Parcel Numbers | Improvements Assessment | $0 | |
| Land Assessment | $1,505,057 | Total Assessment | $1,505,057 |
Property Taxes
Parcel Numbers
Land Assessment
$1,505,057
Improvements Assessment
$0
Total Assessment
$1,505,057
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