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    505 N State Highway 342

    Red Oak, TX 75154
    • $239,000
    • STATUS: Active
    • ON SITE: 31 days
    • MLS #: 14460123
    $239,000
    • 0
      BEDS
    • 0.52
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    Neighborhood:
    Type:
    Commercial
    Built:
    1993
    County:
    Area:

    School Ratings & Info

    Offered by Andrew Boster of Keller Williams Arlington.

    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.

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    © 2020 North Texas Real Estate Information Systems. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or The Chad Smith Team. The data relating to real estate for sale or lease on this web site comes in part from NTREIS. Real estate listings held by brokerage firms other than The Chad Smith Team are marked with the NTREIS logo or an abbreviated logo and detailed information about them includes the name of the listing broker. Data last updated 2020-11-27T23:39:44.623.
    www.dfwpowersearch.com/homes/111390257
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    505 N State Highway 342 Red Oak, TX 75154

    • Price: $239,000
    • Status: Active
    • MLS #: 14460123
    0
    Beds
    0
    Baths
    0
    ½ Baths
    0.52
    Acres
    1993
    Built
    Neighborhood:
    B F Frazier
    County:
    Ellis
    Area:
    Ellis County
    Property 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.
    Exterior Features

    Construction Metal Construction Materials Walls Metal Foundation Other Parking Or Garage Fenced Open LotOther Road Frontage Type AsphaltState Roof MetalOther Topography Cleared

    Interior Features

    Ceiling Height Other Commercial Features OtherSecurity LightingSecurity System Flooring Other Heating No AirNo Heat Sq Ft Building 6350 Sq Ft Gross 22499 Sq Ft Leasable 6350

    Property Features

    Alarm Or Security Type Exterior Security Light(S) Building Area Source Owner Building Use Office/Warehouse Commercial Zoning C-1 Construction Status Preowned Gross Annual Expenses 8320 Gross Annual Income 21540 Inclusions Land & Improvements Lot Size Source Tax Multi Zoning No Municipal Utility District No Net Annual Income 13220 Possession Closing/Funding Property Type Com-Sale Proposed Financing CashConventionalFhaVa Tenant Pays Other Unexempt Taxes 4880 Utilities Other Will Subdivide No

    Listing information © 2020 North Texas Real Estate Information System.


    © 2020 North Texas Real Estate Information Systems. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or The Chad Smith Team. The data relating to real estate for sale or lease on this web site comes in part from NTREIS. Real estate listings held by brokerage firms other than The Chad Smith Team are marked with the NTREIS logo or an abbreviated logo and detailed information about them includes the name of the listing broker. Data last updated 2020-11-27T23:39:44.623.
     
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    The Chad Smith Team
    1301 S Bowen Road Suite 125
    Arlington TX, 76013
    Offered by Andrew Boster of Keller Williams Arlington.