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502 N State Highway 342 10,841 SF Industrial Building Red Oak, TX 75154 $1,348,000 ($124.34/SF)
Executive Summary
Prime opportunity on 502 N State Highway 342 in Ennis, TX, offering excellent frontage and visibility along a well-traveled corridor. This property provides strong access to Highway 342 with convenient connectivity to I-45, making it ideal for a variety of residential, commercial, or investment uses (buyer to verify zoning and intended use).
Situated on a generously sized lot, the property offers ample space and flexibility for future development, expansion, or redevelopment. Its strategic location places it just minutes from downtown Ennis, local schools, retail, and major employers, while still maintaining easy access to Dallas–Fort Worth.
Whether you’re an owner-user, investor, or developer seeking a value-add opportunity in a growing North Texas market, this property presents strong long-term potential. Opportunities along this stretch of Highway 342 are limited—don’t miss your chance to secure a versatile property in a rapidly developing area.
Situated on a generously sized lot, the property offers ample space and flexibility for future development, expansion, or redevelopment. Its strategic location places it just minutes from downtown Ennis, local schools, retail, and major employers, while still maintaining easy access to Dallas–Fort Worth.
Whether you’re an owner-user, investor, or developer seeking a value-add opportunity in a growing North Texas market, this property presents strong long-term potential. Opportunities along this stretch of Highway 342 are limited—don’t miss your chance to secure a versatile property in a rapidly developing area.
Property Facts
| Price | $1,348,000 | Rentable Building Area | 10,841 SF |
| Price Per SF | $124.34 | No. Stories | 1 |
| Sale Type | Owner User | Year Built/Renovated | 1988/2025 |
| Property Type | Industrial | Tenancy | Single |
| Property Subtype | Warehouse | Clear Ceiling Height | 11’ |
| Building Class | C | No. Drive In / Grade-Level Doors | 10 |
| Lot Size | 1.10 AC | ||
| Zoning | Commercial | ||
| Price | $1,348,000 |
| Price Per SF | $124.34 |
| Sale Type | Owner User |
| Property Type | Industrial |
| Property Subtype | Warehouse |
| Building Class | C |
| Lot Size | 1.10 AC |
| Rentable Building Area | 10,841 SF |
| No. Stories | 1 |
| Year Built/Renovated | 1988/2025 |
| Tenancy | Single |
| Clear Ceiling Height | 11’ |
| No. Drive In / Grade-Level Doors | 10 |
| Zoning | Commercial |
Amenities
- 24 Hour Access
- Fenced Lot
- Floor Drains
- Mezzanine
- Signage
- Yard
- Fluorescent Lighting
Utilities
- Lighting
- Water
- Sewer
- Heating
Somewhat walkable
30/100
Exceptionally drivable
100/100
Property Taxes
| Parcel Numbers | Improvements Assessment | $1,103,496 | |
| Land Assessment | $541,833 | Total Assessment | $1,645,329 |
Property Taxes
Parcel Numbers
Land Assessment
$541,833
Improvements Assessment
$1,103,496
Total Assessment
$1,645,329
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502 N State Highway 342
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