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NWQ Ovilla Rd & Grand Meadow Blvd
Red Oak, TX 75154
Victory Shops At Red Oak · Land For Sale
·
2.08 AC
Investment Highlights
- Positioned at the intersection of FM-664 and Grand Meadow Blvd with high-volume daily traffic.
- Retail synergies with Walmart, Brookshire’s, Starbucks, and other national brands in close proximity.
- High exposure and visibility
- Convenient access to I-35E, connecting the site to Dallas and surrounding regional markets.
- Pad sites available
Executive Summary
Victory Shops at Red Oak presents a premier retail opportunity located at the northwest quadrant of Ovilla Rd and Grand Meadow Blvd in a high-demand corridor of Red Oak, Texas. This development benefits from strong traffic volumes, with Ovilla Rd carrying nearly 26,000 vehicles daily and direct access to I-35E, which sees over 137,000 vehicles per day. The site is positioned within a rapidly growing community, supported by significant planned and existing residential developments totaling thousands of homes within a short radius.
The property offers flexible retail spaces and desirable pad sites for ground lease or build-to-suit opportunities, making it well-suited for dining, service, and lifestyle tenants. Surrounding national retailers, including Walmart, Brookshire’s, Olive Garden, Starbucks, Chick-fil-A, and Whataburger, provide an established consumer draw. With future multifamily developments planned adjacent to the site and escalating daytime population totals, this location provides a critical advantage for operators seeking to establish or expand in one of Southern Dallas County’s fastest-growing trade areas.
The property offers flexible retail spaces and desirable pad sites for ground lease or build-to-suit opportunities, making it well-suited for dining, service, and lifestyle tenants. Surrounding national retailers, including Walmart, Brookshire’s, Olive Garden, Starbucks, Chick-fil-A, and Whataburger, provide an established consumer draw. With future multifamily developments planned adjacent to the site and escalating daytime population totals, this location provides a critical advantage for operators seeking to establish or expand in one of Southern Dallas County’s fastest-growing trade areas.
Property Facts
2 Lots Available
Lot
| Lot Size | 0.96 AC |
| Lot Size | 0.96 AC |
Lot
| Lot Size | 1.12 AC |
| Lot Size | 1.12 AC |
Description
The property is situated on the northwest quadrant of Ovilla Road and Grand Meadow Boulevard in Red Oak, Texas, in close proximity to Interstate 35E. The surrounding area includes multiple residential subdivisions under development and existing retail centers anchored by national retailers. Traffic counts along I-35E north and south average over 100,000 vehicles per day, while Ovilla Road sees over 25,000 vehicles daily. The site plan includes future multifamily development on an adjacent parcel.
Property Taxes
| Parcel Number | 188573 | Improvements Assessment | $182,753 |
| Land Assessment | $71,134 | Total Assessment | $253,887 |
Property Taxes
Parcel Number
188573
Land Assessment
$71,134
Improvements Assessment
$182,753
Total Assessment
$253,887
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