271 State Highway Unit 342, Red Oak, TX 75154 - 14612174 - iPro Real Estate
iPro Real Estate

iPro Real Estate

Price Increase
For Sale

$995,000 $331.67 per sqft

Free Professional CMA

Listing ID : 14612174

  • Structure / Lot Size

    3,000 Sqft / 1.0800 Acre
  • Year

    1982

Description

Second generation restaurant. This property is located at the hard corner of State Highway 342 and Louise Ritter (FM 2377) which offers incredible visibility at a traffic light. The building is currently leased to Randy's BBQ through 2021, but lease can be terminated sooner if one desires. Restaurant equipment, smoker, tables, chairs, etc. are included in the price.

Details

Type: Commercial Sale 
Subdivision: Red Oak Business Park 
County: Ellis 
Tax ID: 153774
Building Use: Restaurant 
Building Size: 3,000 SqFt 
Days on Market: 58 
Ceiling Height: 11 to 14 Feet' 
Flooring: Concrete 
Foundation: Slab 
Heating: Central, Natural Gas 
Other Utilities: 895000.00 
Property Type: Commercial Sale 
Proposed Use: Restaurant 
Roof: Metal 
Sub Type: Business 
Utilities: City Sewer, City Water 
Zoning: C 
Zoning: C 

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Interactive

32.509193 -96.805641 $995,000 14612174
271 State Highway Unit 342, Red Oak, TX 75154
Directions to here from:

Area Information 75154

Population:

41,092 Up .18% since 2010
Average Income:
$105,020
Average Age:
36Years
Gender:
48.66%Male
51.34%Female
Households:
13,75843.04% with children
Average Value:
$320,557
Occupancy:
75.48%Owned
24.52%Rented
4.95%Vacant
Education:
28.43%High School
7.25%Associate
15.56%Bachelor
6.83%Graduate
Average Residency:
19Years
Crime Rate:
Below Average
Annual Rainfall:
38.48Inches
Annual Snowfall:
3Inches
Earthquake Risk:
Very Low
Hail Risk:
Very High
Hurricane Risk:
Average
Ozone Risk:
Average
Pollution Risk:
Average
Tornado Risk:
Very High
Wind Risk:
Very High

History

Date Transaction Price Mortgage Amt & Lender
Date
Jun 20, 2022
Transaction
MLS#14612174
Price
NDA
Mortgage Amt & Lender
- -

Mortgage Calculator

Listed by Lance Rust with Joe Rust Company

Based on information from the North Texas Real Estate Information Systems, Inc., 8/17/2022.