0 Fm 2377 Red Oak, TX 75154
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.
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
Similar Nearby for Sale
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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.