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Property profile & analytics
FOR LEASE
Commercial real estate

205 S Main St Red Oak, TX 75154

7,904 SF 5.29 ac lot Built 2005
Entity Owned 1-yr Hold ~ Est. High Equity
Property ID
US82-0183946
Property summary
AI-generated overview

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.

Property profile
Verified
Property type Commercial real estate
Use group COMMERCIAL (GENERAL)
Year built 2005
Total area 7,904 SF
Lot 5.29 ac (230,476 SF)
APN 72.7780.902.002.00.111
UPID US82-0183946
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
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
$1.40M
Comparable Approach Comparable
$1.35M
Blend (final) Blend
$1.38M
Owner & transaction history
Red Oak Village LLC · 1 yrs held
Red Oak Village LLC
since 2024
5 recorded transactions
2024
Price N/A
2022
$3.5M
2019
Price N/A
2004
Price N/A
1969
Price N/A
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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