226 Carson St Red Oak, TX 75154
- Land
- 0.29 lot acres
Current Use by Public Records
- Land
Property Details for 226 Carson St
- Lot size
- 0.29 lot acres
- Property type
- Land
Description
This exceptional 0.29-acre commercial lot, located at 226 Carson St in Red Oak, Texas (zip code 75154), presents a unique investment opportunity. Priced at $74,900, this property is zoned for Light Commercial use, though a Planned Development (PD) zoning change to commercial is required by the City of Red Oak due to the property being vacant for over 90 days. Prospective buyers should conduct thorough due diligence to ensure compliance with all city requirements for commercial zoning conversion. The City of Red Oak's comprehensive plan restricts residential use in this area, making a residential PD application unlikely to be approved. This lot is ideally situated to benefit from Red Oak's commercial growth, making it particularly attractive to retail businesses. The high demand for commercial establishments in this thriving community makes this a promising investment. Note that an adjacent lot is also available for purchase. The property's APN is 169139. This is a chance to establish a business in a rapidly expanding Texas city. Serious inquiries are encouraged to explore this promising commercial land opportunity.
Value Estimation
-
CAP approach
-
Comparable approach
-
Alternative Use
Location Insight
- Map
- Local Demand
- City
- Red Oak
- County
- Ellis
- State
- Texas
- Longitude
- -96.8248
- Latitude
- 32.5282