Ovilla Road Development Site

Investment Overview

The Property is a 9.789-acre commercial development site on Ovilla Rd in Glenn Heights, TX.

Investment Highlights

• The Property enjoys a prime location on Ovilla Rd (FM 664), between S Westmoreland Rd and Malloy Rd, in Ovilla, Texas.
• The Property is just three and a half miles from Interstate 35E and offers high visibility with excellent access.
• The Property consists of an approximately 9.789-acre tract in Ovilla’s General Commercial zoning district which allows a variety of retail, medical, office, and service uses.
• Restaurants with or without drive-throughs are permitted with an SUP.
• Two conceptual site plans have been completed accommodating different configurations of retail, restaurant, office, medical, daycare, and mini-warehouse uses.
• From 2010 to 2023, the population within a 3-mile radius of the Property experienced 54.33% growth.
• The population area is expected to grow another 10.76% between 2023 and 2028.
• The surge in population density in the area makes this an ideal location for commercial development.
• Retailers in close proximity include Walmart, Starbucks, Brookshire’s, CVS, Walgreens, Ace Hardware, Family Dollar, Dollar General, McDonald’s, RaceTrac, and Walmart Neighborhood Market, among many others.