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    709 Cowan Ave Lewisville, TX 75057

    For Sale
    $375,000

    Prime .54-acre lot, ideal for light industrial use.

    Description

    Added:
    Feb 3, 2025
    Days on Market:
    314
    This exceptional .54-acre parcel of light industrial land presents a compelling investment opportunity in the dynamic city of Lewisville, Texas. Strategically located within a thriving commercial area, this property boasts excellent visibility and accessibility, making it an attractive option for a wide range of light industrial businesses. Zoned for light industrial use, the lot offers considerable flexibility for companies seeking expansion or a new location in a rapidly growing market. The surrounding infrastructure is well-developed and supports various operations, including warehousing, distribution, manufacturing, and service industries. Benefiting from convenient access to major highways and proximity to the Dallas/Fort Worth International Airport, this property ensures seamless logistics and transportation. Lewisville's robust economy, diverse industries, and skilled workforce create a favorable environment for business growth. Ongoing development projects and community initiatives further enhance the area's appeal. The property's level topography simplifies site development, and utilities are readily available. This is more than just land

    Property Features for 709 Cowan Ave

    General Information

    Property type
    Other commercial real estate
    Lot Size
    23,522 SF

    Building Details

    Year Built
    1990
    Insight Report Location Intelligence

    Current Use by Public Records

    Almetco Recycling Recycling Center

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Gym & Fitness Building Supply

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

    Location Insight

    • Map
    • Local Demand
    City
    Lewisville
    County
    Denton
    State
    Texas
    Longitude
    -97.00213
    Latitude
    33.05334

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    FAQs

    What type of property is this?
    Commercial real estate - Prime .54-acre lot, ideal for light industrial use.
    Where is this commercial real estate located?
    The property is located at 709 Cowan Ave Lewisville, TX.
    What is the asking price?
    The asking price for this property is $375,000.
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    709 Cowan Ave Lewisville, TX 75057
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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
    709 Cowan Ave Lewisville, TX 75057
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