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703 E Ovilla Rd - COMMERCIAL LOTS & MINI STORAGE

2.2 Acres of Commercial Land Offered at $385,000 in Red Oak, TX 75154

Investment Highlights

  • Great location for retail or office space with a lot of growth
  • Red Oak was named as one of the fastest growing areas in the metroplex

Property Facts Under Contract

Price $385,000
Sale Type Owner User
No. Lots 1
Property Type Land
Property Subtype Commercial
Proposed Use
Commercial
  • Retail
  • Office Park
Total Lot Size 2.20 AC

1 Lot Available

Lot

Price $385,000
Price Per AC $175,000
Lot Size 2.20 AC

. 4 Commercial sites: The 2.2 acre pad site zones as mini storage and the other 3 are great locations for retail and office Price for 2.2 Ac mini storage is $4/ft, prices for the commercial pad sites $8-10 ft. See flyer for full details.

Description

Red Oak is Red HOT and will get even stronger in the next few years. Highly visible with excellent access. New assisted living and 167 new homes directly behind these pad sites. Plus more to follow. The 2.2 acre pad site zones as mini storage and the other are compelling locations for retail and office, located within a mile of the Red Oak Industrial Park, home to Triumph (with over 1,100 employees and 900 more recently announced). Unrivaled growth of 12% per year. Priced right with room for appreciation. Recent sales one mile to the west at $16 per foot.

zoning

Zoning Code Commercial
Commercial
  • Listing ID: 17950980

  • Date on Market: 12/12/2019

  • Last Updated:

  • Address: 703 E Ovilla Rd, Red Oak, TX 75154

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