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    2405 Fm 423 Little Elm, TX 75068

    For Lease
    $27 SF/Yr ($4,050 /Mo)

    9,144 SF retail center in high-growth Little Elm, TX.

    Property size:
    1,800 SF
    Lot size:
    0.70 Acres

    Property Features for 2405 Fm 423

    General Information

    Size
    1,800 SF
    Lot size
    0.70 Acres

    Source: Inroads Realty Agent Taylor LeMaster

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Retail Center on FM 423

    This 9,144 square foot retail center is located on FM 423, just south of Eldorado Parkway. It offers convenient access to the Dallas North Tollway and the Lake Lewisville Toll Bridge. The surrounding trade area exhibits strong demographics, with average household incomes exceeding the national average. Located in a high-growth community, the area has experienced an estimated population increase of over 15% from 2018 to 2023. Nearby amenities include the Trails of Frisco Golf Club, Golf Club at Frisco Lake, and Lake Lewisville. The property offers spaces starting at 1,800 square feet.
    Insight Report Location Intelligence

    Current Use by Public Records

    Strip malls

    Suggested Use

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

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

    Similar Places Nearby

    Eldorado Crossings, Little Elm Towne Crossing

    Location Insight

    • Map
    • Local Demand
    City
    Little Elm
    County
    Denton
    State
    Texas
    Longitude
    -96.886928
    Latitude
    33.172911

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    FAQs

    What type of property is this?
    Shopping center - 9,144 SF retail center in high-growth Little Elm, TX.
    Where is this shopping center located?
    The property is located at 2405 Fm 423 Little Elm, TX.
    What is the lease rate?
    The lease rate is $27 SF/Yr.
    What are key features of this property?
    This property features: - 9,144 square foot retail center.; - Convenient access to Dallas North Tollway & Lake Lewisville Toll Bridge.; - Strong trade area demographics with high average household incomes.
    (972) 764-6004
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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
    2405 Fm 423 Little Elm, TX 75068
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