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    405 N State Highway 342 Red Oak, TX 75154

    For Sale
    $350,000

    Business - Red Oak, TX

    Type:Business
    Lot size:
    0.23 Acres
    Days on Market:
    25
    Last Refresh:
    Dec 8 at 2:06 pm

    Property Features for 405 N State Highway 342

    General Information

    Property type
    Commercial Sale
    Property subtype
    Business
    Standard status
    Active
    APN
    188191
    Lot size
    0.23 Acres

    Utilities

    Heating system
    Other (Heating)

    Building Details

    Year built
    1982
    Flooring type
    Concrete
    Building materials
    Aluminum Siding
    Roof type
    Metal
    Architectural style
    Other

    eXp Realty, LLC (888) 519-7431 [email protected]

    Listing agent Sharles Edwards (888) 519-7431 License #0592642

    Listing date Nov 14, 2025

    MLS# 21045648 Listing URL

    Copyright © 2025 North Texas Real Estate Information Systems, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Red Oak Commercial Opportunity

    Located in Red Oak, Texas, this one-story commercial building offers approximately 1,500 sq. ft. of interior space on a 0.23-acre lot. The property is currently being rezoned for office use and includes proposed plans to help envision its future potential. The structure provides a strong foundation and versatile layout suitable for a variety of business types, featuring concrete flooring, a durable metal roof, and electric utilities. The lot provides room for parking, signage, and potential modest expansion. The property has prime visibility along State Highway 342 and easy access to Red Oak Road with close proximity to retail, dining, and residential growth. It is positioned just south of the Dallas-Fort Worth metro area and located near a growing tech and commercial corridor. The property is perfect for office space, retail, auto service, or specialty use. High traffic counts ensure excellent customer exposure and branding opportunities.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Automotive properties

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Building Supply Gym & Fitness

    Zoning and permitted uses should be independently verified with local authorities.

    Similar Places Nearby

    Enterprise Rent-A-Car, Access Self Storage And Truck Rental, ATM (Speedway), U-Haul Neighborhood Dealer

    Location Insight

    • Map
    • Local Demand
    City
    Red Oak
    County
    Ellis
    State
    Texas
    Longitude
    -96.797739
    Latitude
    32.522086

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    FAQs

    What type of property is this?
    Automotive property - Commercial building in Red Oak, TX, suitable for various businesses.
    Where is this automotive property located?
    The property is located at 405 N State Highway 342 Red Oak, TX.
    What is the asking price?
    The asking price for this property is $350,000.
    What are key features of this property?
    This property features: - Prime visibility on State Highway 342 in Red Oak, a high-traffic location.; - Rezoning for office use with proposed conversion plans included.; - Versatile 1,500 sq. ft. commercial building suitable for various business types.
    (888) 519-7431
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    Red Oak, TX 75154
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    405 N State Highway 342 Red Oak, TX 75154
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