601 Houston School Rd, Red Oak, TX 75154

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List Price
$665,000
MLS#
21371750
Status
ACTIVE
Type
Commercial
Subtype
CommercialSale
Year Built
1989
Construction Status
Preowned
Acres
0.68
Living Area
4,461
County
Ellis
City
Red Oak
Subdivision
Western Hills

Property Description

CASH FLOW NOW IN A RAPIDLY GROWING CORRIDOR – LOCATED IN AN OPPORTUNITY ZONE! Outstanding commercial or mixed-use development opportunity situated on a prime corner lot with exceptional visibility and direct access off the Loop 9 frontage road. Perfectly positioned for investors, developers, or owner-users, this highly adaptable property sits within a designated Opportunity Zone, offering significant tax incentives and long-term upside as the surrounding commercial sector continues its rapid expansion. Strategic value is further enhanced by its location directly across the street from a brand-new, high-traffic 172-acre Data Center.MULTI-STRUCTURE COMPREHENSIVE SITE ASSETS:Primary Structure (1,785 Sq. Ft.): Currently configured as a residential space, this building features an excellent layout that can effortlessly be converted into a single or multi-suite professional office building.Detached Office Studio (420 Sq. Ft.): A versatile 20x21 secondary structure equipped with a kitchenette, making it ideal for a private executive suite, client-facing showroom, or creative studio.Massive Commercial Garage-Shop (3,076 Sq. Ft.): A heavy-duty 50x50 metal workshop featuring an expansive second-floor layout designed for secure inventory storage, heavy machinery, or distribution workflows.Secured Fleet Parking, Storage: Includes an additional 12x50 covered storage area positioned behind a secure metal fence, perfectly optimized for commercial fleet vehicles, equipment parking, or material laydown. FLEXIBLE ZONING & ENDLESS POTENTIAL:Boasting dual zoning for both commercial and residential purposes, this property offers a rare level of versatility. Seamlessly transition the site into a full-scale commercial asset, run a home-based business with heavy equipment needs, or capitalize on an income-producing multi-tenant rental portfolio. Do not miss this rare opportunity to secure a high-visibility footprint in a booming commercial submarket.

Additional Information

Unexempt Taxes
$3,161
Tenant Pays
AllUtilities
Lot Size
29,751
Acres
0.68
Flooring
Concrete, Tile
Foundation
Slab
Roof
Composition, Metal, Mixed
Building Stories
1
Parking Garage
Attached, Carport, Driveway, Garage Faces Front, Garage, RV Carport, Workshop in Garage
Possession
CloseOfEscrow
Proposed Use
Automotive, Medical/Dental, Office, Other, Warehouse
Inclusions
Building Only

Mortgage Calculator

Amount of Loan
Annual Interest Rate
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Term of Loan
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Does not include any taxes or fees.
Please consult a financial professional.
Calculator source: Real Geeks

Listing courtesy of Josh Mills from Relo Radar. Contact: 817-774-9077

Listing provided by North Texas Real Estate Information Systems (NTREIS). Listing data has been deemed reliable but is not guaranteed to be accurate by the MLS.

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