601 Houston School Rd, Red Oak, TX 75154

$665,000

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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
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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