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    7220 Elm St The Colony, TX 75056

    For Sale
    $280,000

    Unimproved Land - The Colony, TX

    Type:Unimproved Land
    Lot size:
    0.07 Acres
    Days on Market:
    173
    Last Refresh:
    Dec 10 at 6:06 am

    Property Features for 7220 Elm St

    General Information

    Property type
    Commercial Sale
    Property subtype
    Unimproved Land
    Standard status
    Active
    APN
    R08037
    Lot size
    0.07 Acres

    Building Details

    Architectural style
    Other

    Henderson Luna Realty (972) 898-3030

    Listing agent Angelica Cortez (972) 898-3030 License #0699202

    Listing date Jun 21, 2025

    MLS# 20975826 Listing URL

    Copyright © 2025 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.

    Overview

    Commercial Land in Booming Zone

    This commercial land, comprising lots 22, 23, 24, and 25, offers a total of 12,000 square feet suitable for various land uses and development. The property is zoned Light Commercial, with permitted uses including automobile-related businesses, woodworking, plumbing services, repair garages, and warehouses. Situated just a block from Main St., the location provides opportunities for businesses seeking a presence in a growing commercial area. Sewer and water services are available, and electricity is accessible at street level. The property is located in The Colony, TX.
    Location Intelligence

    Current Use by Public Records

    Commercial land

    Suggested Use

    Restaurant Realty agency Law Firm Spa & Massage Dental Office Hair Salon Nail Salon Building Supply Clothing Store Auto Repair Shop

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    The Colony
    County
    Denton
    State
    Texas
    Longitude
    -96.891205
    Latitude
    33.100831

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    FAQs

    What type of property is this?
    Commercial land - Strategically located commercial land ideal for development and new businesses.
    Where is this commercial land located?
    The property is located at 7220 Elm St The Colony, TX.
    What is the asking price?
    The asking price for this property is $280,000.
    What are key features of this property?
    This property features: - 12,000 sq ft of commercial land strategically located.; - Zoned Light Commercial, suitable for diverse businesses (automobile, woodworking, plumbing, repair garage, warehouses, etc.).; - Located one block from Main St., offering **high visibility**.
    (972) 898-3030
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    7220 Elm St The Colony, TX 75056
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