Century Way & I-35E
- Excellent Location: The Property enjoys a prime location on Century Way, along I-35E between Ovilla Rd and W Red Oak Rd, 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 17.85 acre tract with highway visibility. The liberal “HO” zoning district is intended as a regional center, allowing uses such as clinic/hospital, lodging and auto sales. The Property boasts highway visibility, excellent exposure to vehicular traffic and superb access from both W Red Oak Rd and the I-35E access road.
- 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.
Property Description
SLJ Company, LLC (“SLJ”) has been exclusively retained to offer for sale this Commercial Development Site, a ±17.85 acre tract, located on the northbound side of I-35E at Century Way in Red Oak, Texas. The subject property offers high visibility and ease of access to I-35E, which enjoys a traffic count in excess of 91,000 vehicles per day. Red Oak is the fastest growing city in Ellis County and the general area, which makes it an excellent location for commercial development.
Key Property Information
| Listing Status: | Available |
|---|---|
| Listing Type: | Call for offers |
| Property Types: | Land/Development |
| Lot Size: | 17.85 Acres |
| Opportunity Zone: | No |
| Property Website | Click Here |
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