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    OFF-MARKET
    Land

    206 Tx-342 Red Oak, TX 75154

    1.3 ac lot
    Property ID
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    Property summary
    AI-generated overview

    This exceptional 1.3-acre commercial land parcel presents a remarkable development opportunity in the thriving city of Red Oak, Texas. Strategically located on State Highway 342 and the boulevard leading to Red Oak High School, this property boasts excellent visibility and accessibility. Currently zoned Commercial 1, it's ideally suited for a variety of commercial ventures. The exact acreage will be finalized through a new survey, with the buyer and seller collaboratively establishing the final boundary lines. This prime location offers significant potential for investors seeking to capitalize on Red Oak's robust growth. The property's APN is 239055. The asking price is $566,280. Situated in Ellis County, Texas, with a zip code of 75154, this property is conveniently located at 206 TX-342, Red Oak. Don't miss this chance to secure a piece of Red Oak's burgeoning commercial landscape.

    Property profile
    Verified
    Property type Land
    Lot 1.3 ac (56,628 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
    Current use
    Occupant on record · Public records
    • Isalis (Bike/Boat/Book/etc) Store
    • Party City Party Supply Store (Bike/Boat/Book/etc) Store
    • Skunk Funk Big Box & Wholesale Store
    • Carl's Trading Co Hat Shop
    • Bushka's Kitchen LLC (Bike/Boat/Book/etc) Store
    5 occupants on record
    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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