$239,000

505 N State Highway 342

Red Oak TX, 75154

Description

This is an excellent opportunity to invest in the rapidly growing area of Red Oak, TX. This property is a prime, over half acre, commercial lot zoned for retail use (C-1) with frontage on the highly trafficked Texas Hwy 342 (total vehicles of 15,000 per day!) right in the middle of the rapidly developing 75154 zip code. This sought after property is located less than 5 minutes east of I-35E & immediately south of Ovilla Rd. The property is located in a high visibility, high traffic area, within approximately 1 mile of $71 million new high school, new elementary school, multiple retail centers, a sports complex, & surrounded by multiple large subdivisions giving you access to plenty of traffic on a daily basis.

Details

MLS#14460123
Listing TypeFor Sale
Sub-TypeResale
StatusActive
Year1993
Days On Site32

Features

SQ Feet6,350
Story(s)1
Units42
ZoningC-1

Market Activity 75154

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Area Information
StateTX
CountyEllis
CityRed Oak
Zip Code75154
AreaELLIS COUNTY (6)
Listing VS Median (in 75154)
Price:
$239,000
low | high
Med:
$300,950
24.07949790795% of Average
SqFt:
6,350
low | high
Med:
1,877
100% of Average
$ / SqFt:
$38
low | high
Med:
$162
100% of Average
On Site:
32
low | high
Med:
83
38.55421686747% of Average
Listing Updated: November 27, 2020 8:04:55 PM PST
Andrew Boster LogoMLS Number: 14460123
Listing Provided By:
Andrew Boster  of  Keller Williams Arlington

All information provided by seller and is deemed to be correct, but is not guaranteed.  Buyer to verify and satisfy themselves with all information listed including but not limited to lot size, room sizes and square footage.  Buyers are encouraged to have property inspected by inspector of their choice.  Price subject to change.