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Harmony Way
Red Oak, TX 75154
Red Oak Legacy Square · Land For Sale · 46.00 AC

INVESTMENT HIGHLIGHTS

  • Extremely visible development from Interstate 35.
  • Nice new retail project in Red Oak, TX.
  • High traffic counts.

PROPERTY FACTS

Property Type Land
Property Subtype Commercial
Total Lot Size 46.00 AC
Cross Streets Interstate 35 Access Road
Zoning PD

DESCRIPTION

The developer is delivering a Q1 2021 large mixed-use development anchored by a national movie theater chain, B&B Theaters, that is committed and bringing a 12 screen theater, 16 lane bowling alley, arcade, and various other entertainment options. We’re negotiating now with other major anchors including a large multi-family developer in the back of the property. While the 3 mile trade area is ~31,000 people, you can see from the flyer the area is exploding with rooftops: 5 new projects in very close vicinity to this project. However, you’ll benefit from the exposure to 110,000 VPD driving by on I35 and the 40,000 VPD on FM664, which makes one of the most heavily trafficked intersections in Ellis county. The city recently announced additional exciting news; "Compass Datacenters DFW III, LLC – Red Oak was approved. Compass has already commenced site work on its 179± acre datacenter campus which is located immediately adjacent to the 175± acre GOOGLE datacenter campus which was approved by the City in July 2019. Both datacenter projects are located directly across FM 664/Ovilla Road from the 130± acre co-location campus for Triumph Aerospace Structures/Vought Aircraft, Bombardier Aerospace, and Boeing Aerospace."

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
232498
Land Assessment
$12,500
Improvements Assessment
$0
Total Assessment
$12,500
  • Listing ID: 17883298

  • Date on Market: 12/5/2019

  • Last Updated:

  • Address: Harmony Way, Red Oak, TX 75154

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