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Automotive Retail Site
For Sale
$999,995

1506 S State Highway 121, Lewisville, TX 75067

CommercialSale, Lewisville, TX

Property SizeContact for details
Lot Size0.39 Acres
Days on Market52

Property Features for 1506 S State Highway 121

General Information

Property type Commercial Sale
Property subtype Retail
Zoning description LI-Light Industrial. Automotive Dealer operating with legal non conforming use.
Parking features Carport
Subdivision Wm King
Directions google maps is accurate
Standard status Active
APN R18778
Lot size 0.39 Acres

Taxes and HOA fees

Tax Description A0697A WM KING, TR 41, .385 ACRES
Tax Annual Amount 4986
Legal Description A0697A WM KING, TR 41, .385 ACRES

Utilities

Sewer type Public Sewer
Heating system Electric (Heating)
Cooling system Electric
Water source Public

Building Details

Year built 1979
Floors in Building 1
Number of units 1
Flooring type Concrete
Roof type Composition
Listing Agency: The Michael Group Real Estate
Listed By: Horatio Newman · License #0829483
Added: Jul 15 Changed: Aug 21 Last Checked: Sep 4 at 4:06PM
MLS# 21231914

Copyright © 2026 North Texas Real Estate Information Systems, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Investment Insights

Based on property information with market context.

This automotive retail property at 1506 S State Highway 121 includes an approximately 0.385-acre site with existing improvements and an estimated capacity for 35 retail vehicle display spaces. The property is zoned and approved for automotive dealership use, supporting vehicle sales operations and inventory presentation. Concrete flooring, a composition roof, electric heating and cooling, a carport, public water, and public sewer are also in place.

The property is located in Lewisville, Texas, along State Highway 121 in Denton County. Its highway position provides direct exposure to passing traffic and access to surrounding residential and commercial areas. The existing improvements and site layout support automotive retail occupancy without requiring a ground-up development approach.

Key Highlights

  • Zoned and approved for automotive dealership use
  • Approximately 0.385‑acre site in Lewisville, TX
  • Estimated capacity for 35 retail vehicle display spaces

Property Analytics

Current Use

My New Used ... Car Dealership Stanley and Atkinson Car ... Law Firm

Suggested Use

Top Pick Real Estate Agency Law Firm Building Supply Big Box & Wholesale Store Dental Office Pharmacy

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

Yes
Highway access
Yes
Paved road access

Location Intelligence

Trade Area within ½ mile

710
Businesses Nearby
151k
Monthly Visits Nearby
Balanced
Demand for This Use

Foot Traffic Nearby

Shops & Services 50% Dining 36% Apparel 11% Hotels & Casinos 1%
QuikTrip Shops & Services
34,536 visits/mo 0.4 miles
Whataburger Dining
18,494 visits/mo 0.3 miles
Cavender's Boot City Apparel
16,379 visits/mo 0.5 miles
7-Eleven Shops & Services
14,408 visits/mo 0.2 miles
Burger King Dining
7,560 visits/mo 0.1 miles

Demographics for 75067, TX

68,734
Population
28,990
Households
2.4
Avg Household Size
34
Median Age
33%
College-Educated
87%
High-School Grad
13.5 sq mi
ZIP Area
5,091
Density / Sq Mi
$76,630
Median Household Income
$45,448
Median Earnings
$1,506
Median Rent
$321,100
Median Home Value

Market

Vacancy Rate% for Retail in South region

7% 2020
6.2% 2021
5.1% 2022
4.8% 2023
4.9% 2024
5.4% 2025
Rey
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Similar Off Market Nearby

  • Enterprise Rent-A-Car 1653 1/2 s stemmons fwy, lewisville, tx 75067
  • Hertz Car Rental - Lewisville - Huffines Chevrolet Lewis 1400 I-35E, Lewisville, TX 75067
  • DSK Auto Sales & Services 210 State Hwy 121 #210B, Lewisville, TX 75057
  • Enterprise Truck Rental 301 Huffines Plz, Lewisville, TX 75057
  • Enterprise Rent-A-Car 301 Huffines Plz, Lewisville, TX 75057

Frequently Asked Questions

What type of property is this?
Automotive property - Highway-facing commercial property approved for automotive dealership operations with vehicle display capacity and existing improvements.
Where is this automotive property located?
The property is located at 1506 S State Highway 121 Lewisville, TX.
What is the asking price?
The asking price for this property is $999,995.
What are key features of this property?
This property features: Zoned and approved for automotive dealership use; Approximately 0.385‑acre site in Lewisville, TX; Estimated capacity for 35 retail vehicle display spaces
More about this property
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