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W Red Oak Rd & Daubitz Dr
Red Oak, TX 75154
Tract D - ±13.26 Acre Commercial Site · Land For Sale · 13.26 AC
Investment Highlights
- Prime location along I-35E, which sees a car count in excess of 91,000 VPD
- Just minutes from the proposed Loop 9 Tollway and the recently constructed $71 million Red Oak High School and Texas State Technical College campus
- Population within a 5 mile radius saw over 56% growth from 2010-2020
- Close proximity to a large number of new single-family subdivisions and multifamily developments
- Average Household Income within a 5 mile radius of the property is over $95,000
- Zoning allows neighborhood retail, office & limited service uses
Executive Summary
PROPERTY FACTS
1 Lot Available
Lot Tract D
Lot Size | 13.26 AC |
Lot Size | 13.26 AC |
Description
EXCELLENT LOCATION: The Property enjoys a prime location at W Red Oak Rd and Daubitz Dr, near prominent retail centers in Red Oak, Texas. The Property is in close proximity to Red Oak’s top employer, Triumph Aerostructures as well as TxDOT’s Proposed Loop 9 Tollway, the recently constructed $71 million Red Oak High School and Texas State Technical College campus. PRIME DEVELOPMENT SITE: The subject property consists of an approximately 13.26 acre tract. The liberal “C-1” zoning district is intended as a neighborhood center, allowing uses such as neighborhood retail, office and limited service uses. The Property boasts excellent exposure to vehicular traffic and superb access. STRONG POPULATION GROWTH: From 2000 through 2014, Red Oak’s phenomenal 209% growth in taxable sales is unsurpassed by neighboring cities. From 2010 to 2020, the population within a 5 mile radius of the Property saw 56.8% growth. The population in that same area is expected to grow another 11.3% between 2021 and 2026. The surge in population density in the area makes this an ideal location for commercial development. MANY AREA TRAFFIC DRIVERS: Retailers in close proximity include Walmart, Starbucks, Brookshire’s, CVS Pharmacy, Walgreens, Ace Hardware, Family Dollar, Dollar General, McDonald’s, Racetrac and Walmart Neighborhood Market, among many others.
zoning
Zoning Code | C-1 |
C-1 |