2.673 Acres for Lease on FM 342 at Ovilla Rd

Signalized corner site at SWQ FM 342 and FM 664 (Ovilla Rd) in Red Oak, Texas, with direct frontage and strong commuter visibility. Located about 18 miles south of Dallas CBD and roughly 40 minutes from DFW International Airport, with five interstate highways within 45 minutes, this is a rare opportunity to establish a presence ahead of the corridor's next wave of development.A premier 2.673-acre commercial pad site on State Highway 342 at the signalized intersection with FM 664 (Ovilla Road), in one of the fastest-growing corridors in the Dallas-Fort Worth metroplex. Zoned commercial/retail, the property offers flexible pad configurations with 16,750 SF of total leaseable space across two buildings, available for lease or build-to-suit. Divisible space ranges from 1,005 SF to 8,375 SF, allowing automotive, retail, and QSR users to right-size their footprint, with drive-thru capability available. The site delivers outstanding visibility along its SH 342 frontage and excellent ingress/egress, capturing approximately 45,000 vehicles per day combined from SH 342 (±18,000 VPD, a north-south arterial carrying commuter and industrial worker traffic) and Ovilla Road (±27,000 VPD, the primary east-west route for northern Ellis County residents heading to Dallas, I-35E, and regional employment centers). Immediate access to a surging rooftop and industrial employment base is supported by more than 25 active residential developments, a median home price of $394K, and adjacency to a Google data center corridor. Municipal utilities are available, and the surrounding open land points to continued growth around the site.