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    5400 S Colony Blvd The Colony, TX 75056

    For Sale
    $1,150,000

    Approximately 1.66-acre commercial land with high visibility.

    Lot size:
    1.66 Acres

    Property Features for 5400 S Colony Blvd

    General Information

    Lot size
    1.66 Acres

    Source: Sandra Bussey Agent Sandra Bussey

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

    Overview

    Prime Commercial Land Opportunity

    This approximately 1.66-acre lot is situated between established retailers, including CVS and Dollar General, benefiting from heavy traffic counts and high visibility. The Shopping Center Zoning permits a multitude of uses by right and an extensive list of probable uses by Specific Use Permit (SUP). The property is located less than 2 miles from the Sam Rayburn Tollway corridor, which features Grandscape, Nebraska Furniture Mart, and Scheels. This property is suitable for both immediate development and long-term investment.
    Insight Report Location Intelligence

    Current Use by Public Records

    Commercial land

    Suggested Use

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

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

    Location Insight

    • Map
    • Local Demand
    City
    The Colony
    County
    Denton
    State
    Texas
    Longitude
    -96.8735025
    Latitude
    33.0990169

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    FAQs

    What type of property is this?
    Land - Approximately 1.66-acre commercial land with high visibility.
    Where is this land located?
    The property is located at 5400 S Colony Blvd The Colony, TX.
    What is the asking price?
    The asking price for this property is $1,150,000.
    What are key features of this property?
    This property features: - 1.66 Acre lot with Shopping Center Zoning allowing for a multitude of uses.; - Located between established retailers CVS and Dollar General, offering heavy traffic counts and great visibility.; - Less than 2 miles from Sam Rayburn Tollway corridor, featuring Grandscape, Nebraska Furniture Mart and Scheels.
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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
    5400 S Colony Blvd The Colony, TX 75056
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