Red Oak, TX Medical Office Space for sale

Updated: Jul 7

Flexible Multi-Suite Commercial Building

429 N State Highway 342, Red Oak, TX 75154

$425,000

988 sqft

Commercial building built in 1990 with two suites that can be used as one larger space
Two restrooms and hard‑surface flooring throughout
ADA‑accessible ramp for client and visitor entry
Two HVAC systems, including one recently installed split‑system unit
Approx. 8–9 on‑site parking spaces for customers and staff

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This listing looks promising.

Here's a quick look at some key insights for

429 N State Highway 342, Red Oak, TX 75154

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Est. Cap Rate

3.9%
NOI ÷ price
Est. NOI

$17K
Annual
Mortgage

$40K
Oct 2019
Property Type

Commercial (General)
Built 1990

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Updated: Jul 12

Freestanding Storefront Property

276 Lesliewood, Red Oak, TX 75154

$843,000

0.29 AC lot

Approximately 1,600‑square‑foot freestanding retail building
Ovilla Road frontage at a signalized intersection
FM 664 corridor cited at roughly 20,000 to 30,000 vehicles per day
Approximately 0.2897 acres, or 12,619 square feet
Built in 1987 with brick construction and a metal roof

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Based on your search, we've compiled 11 Potential Opportunities for your consideration. Besides 2 Active listings in Red Oak, TX, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 1 Off-Market properties to explore as potential leads, plus 4 Land Listings that present a potential for development.

Opportunities in Nearby Cities

Here are 4 Similar properties we found in Nearby Locations for your consideration.

Medical and Office Conversion Building

Desoto, TX 75115

$525,000

2,432 sqft 0.34 AC lot

2,432 SF building on a 14,985 SF lot, currently used as a dental office with ample parking.

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High-Visibility Commercial Development Land

4611 FM 1387, Midlothian, TX 76065

$1,200,000

2,316 sqft 4.04 AC lot

4.04-acre site with utilities in place and strong traffic near major thoroughfares.

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Medical Office Building with Parking

701 N Hampton Road, Desoto, TX 75115

$525,000

0.34 AC lot

Brick medical office building with central air, electric heat, and parking lot on public water and sewer utilities.

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Commercial Land with Utilities on Property

4611-A FM 1387, Midlothian, TX 76065

$1,000,000

4.04 AC lot

Commercial development site with utilities on the property, public water, and septic service near schools and retail.

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Potential Development Sites for Consideration

Can't find the perfect fit? These Land listings present an alternative path: the potential to develop a property for your specific goals.

Important: These AI-suggestions are a starting point, not a guarantee of permitted use. All zoning, permitting, and land use information must be independently verified by you with the appropriate local authorities before making any commitments.

Vacant Commercial Pad Site

TBD Lot 1 Park Place Court, Waxahachie, TX 75165

$730,200

2.16 AC lot

Vacant commercial pad site with public water and public sewer in Park Place Business Center.

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Commercial Land Zoned Regional Retail (RR)

3641 S Tyler Street, Dallas, TX 75224

$190,000

0.68 AC lot

Unimproved commercial lot zoned RR Regional Retail with 29,490 SF and strong neighborhood-serving retail and service potential.

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Land Site in Growing Community

647 N. Miller Road, Mansfield, TX 76063

Contact for pricing

Land site suitable for medical office development in Mansfield, TX.

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Corridor Commercial Land Site

Highway 287 Bypass, Ennis, TX 75119

$601,824

3.45 AC lot

Corridor Commercial (CC) land with high-visibility Highway 287 Bypass frontage and adjacency to Ennis Regional Medical Center.

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Off-Market Properties in Red Oak, TX

Consider similar Off-Market properties in Red Oak, TX. You may contact the owners directly to inquire about their potential intentions to sell. To help you make a strong first impression, we can assist by reaching out to these owners with compelling proposals created using our AI tool.

Medical Office Space

301-309 Ovilla Rd , Red Oak, TX 75154, Red Oak, TX 75154

Value Estimation by Request

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Red Oak, TX Medical Office Space Market Trends and Statistics

Explore 3 medical office space for sale in Red Oak, TX on our real estate platform. These investment opportunities span a total of 988 square feet of properties for sale, with an estimated market value of $1,268,000.

Sale prices for medical spaces in Red Oak, TX start at $425,000, averaging $634,000, and reaching up to $843,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

Neighborhood	Average Price
75154	$637.5K

Neighborhood

Average Price

75154

$637.5K