205 S Main St Red Oak, TX 75154
For Lease
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This exceptional 1.83-acre commercial land parcel presents a remarkable opportunity for development in the thriving city of Red Oak, Texas. Located at 205 S. Main St., this pad site boasts a highly desirable location with excellent visibility and accessibility. The property is zoned for commercial use, providing flexibility for a wide range of development projects. Its expansive size offers ample space for construction of a substantial building or multiple smaller structures, catering to various business needs. The address is strategically situated within the vibrant Red Oak community, benefiting from its growing population and robust economy. This prime location offers easy access to major transportation routes, ensuring convenient commutes for employees and customers alike. The 1.83-acre lot provides significant potential for a high-return investment, making it an ideal opportunity for developers, investors, and entrepreneurs seeking a prime location in a rapidly expanding Texas market. The Ellis County location adds to the property's appeal, offering a strong community infrastructure and a supportive business environment. This is a rare opportunity to acquire a large, commercially zoned parcel in a prime location, ready for immediate development. The property's size and zoning make it suitable for a variety of commercial uses, ensuring a versatile investment with significant long-term potential. Serious inquiries are encouraged to explore this exceptional opportunity further. The property is located in zip code 75154.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2023Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
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.