226 Carson St Red Oak, TX 75154
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.
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.