101 Free Market Dr Red Oak, TX 75154
Exceptional investment opportunity in Red Oak, Texas! This 9.632-acre commercial/light industrial land parcel boasts an unbeatable location with high visibility on US Highway 77. The property features significant frontage along US 77 (956.93 ft), Free Market Drive (806.96 ft), Shawnee Road (255.29 ft), and Deercreek Drive (271.42 ft), offering unparalleled exposure for your business. Priced at $4 per square foot, or $1,678,280 total, this expansive site (419,569.92 square feet) is zoned for a variety of commercial and light industrial uses, providing flexibility for diverse development plans. The property is conveniently located at 101 Free Market Drive, Red Oak, TX 75154 (APN 186915) and is served by Rockett SUD water (8-inch line) and electricity. Aerobic systems are utilized in the area. The seller is willing to consider dividing the property. This is a rare opportunity to acquire a strategically positioned, sizable tract of land in a rapidly growing area. Don't miss out!
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.