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Property profile & analytics
OFF-MARKET
Land

0 Fm 2377 Red Oak, TX 75154

4.56 ac lot
Property ID
Property summary
AI-generated overview

This exceptional 4.56-acre commercial/industrial land parcel is strategically located in Ellis County, Texas, at the intersection of FM 2377 and Goodloe Lane, in Red Oak, zip code 75154. The property is designated as County land with no zoning restrictions, offering significant flexibility for development. Utilities are readily accessible, with a six-inch water line conveniently located at the FM 2377 road frontage and electricity available on-site. This prime location presents a compelling opportunity for various commercial ventures. Its suitability for uses such as storage facilities, light industrial parks, or outdoor storage is particularly noteworthy. The property's proximity to major transportation arteries further enhances its appeal. It's just minutes away from Interstate 35, Interstate 45, and Loop 9, providing easy access to regional and national transportation networks. The asking price for this exceptional property is $745,900. This presents a rare chance to acquire a sizable, well-situated tract of land in a rapidly growing area of Texas. The absence of city zoning regulations opens doors to a wide range of development possibilities, making this an attractive investment opportunity for discerning buyers.

Property profile
Verified
Property type Land
Lot 4.56 ac (198,634 SF)
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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