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502 N State Highway 342 10,841 SF Industrial Building Red Oak, TX 75154 $2,371,775 CAD ($218.78 CAD/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 | $2,371,775 CAD | Rentable Building Area | 10,841 SF |
| Price Per SF | $218.78 CAD | No. Stories | 1 |
| Sale Type | Owner User | Year Built/Renovated | 1988/2025 |
| Property Type | Industrial | Tenancy | Single |
| Building Class | C | Clear Ceiling Height | 11’ |
| Lot Size | 1.10 AC | No. Drive In / Grade-Level Doors | 10 |
| Zoning | Commercial | ||
| Price | $2,371,775 CAD |
| Price Per SF | $218.78 CAD |
| Sale Type | Owner User |
| Property Type | Industrial |
| 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
Property Taxes
| Parcel Numbers | Improvements Assessment | $1,495,568 CAD (2025) | |
| Land Assessment | $734,346 CAD (2025) | Total Assessment | $2,229,914 CAD (2025) |
Property Taxes
Parcel Numbers
Land Assessment
$734,346 CAD (2025)
Improvements Assessment
$1,495,568 CAD (2025)
Total Assessment
$2,229,914 CAD (2025)
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502 N State Highway 342
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