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Prime Location Commercial Property Auction
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8989 FM 423, Little Elm, TX 75068

Commercial property on 1.44 acres in a prime location.

Property Size7,000 SF
Lot Size1.44 Acres
Days on Market126

Property Features for 8989 FM 423

General Information

Standard status Active
Size 7,000 SF
Lot size 1.44 Acres
Property subtype Special Purpose
Listing Agency: GPR and Associates
Listed By: Kenneth Bloskas · License #TX 367112
Source: Crexi
Added: Apr 12 Changed: Aug 8 Last Checked: Aug 8 at 7:15AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of GPR and Associates

Investment Insights

Based on property information with market context.

This commercial property is situated on 1.44 acres. The existing 7,000 sq ft building has a perimeter structure frame and no interior columns. Fronting FM 423, a major connecting road north from Dallas to US Hwy 380, the location benefits from high visibility with approximately 60,000 cars passing daily. Currently occupied by a church, the building can be reconfigured into multiple retail store spaces or restaurants. The area of Little Elm is ranked 9th in the US for housing unit changes as of 2019. Additionally, the sale includes a Billboard Easement, one of only two permitted through the Little Elm section of FM 423.

Key Highlights

  • Prime location on FM 423 with high traffic count (approx. 60,000 cars daily).
  • 1.44‑acre commercial property suitable for redevelopment.
  • 7,000 sq ft building with a perimeter structure frame and no center columns.**

Property Analytics

Current Use

Churches & religious facilities

Suggested Use

Top Pick Law Firm Carpet & Flooring Store Electrical Service Hotel & Motel Travel Agency Plumbing Service

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

Location Intelligence

Trade Area within ½ mile

621
Businesses Nearby

Demographics for 75068, TX

66,248
Population
23,499
Households
2.8
Avg Household Size
34
Median Age
43%
College-Educated
92%
High-School Grad
27.9 sq mi
ZIP Area
2,374
Density / Sq Mi
$126,341
Median Household Income
$66,559
Median Earnings
$2,161
Median Rent
$386,300
Median Home Value
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Church & religious facility - Commercial property on 1.44 acres in a prime location.
Where is this church & religious facility located?
The property is located at 8989 FM 423 Little Elm, TX.
What are key features of this property?
This property features: Prime location on FM 423 with high traffic count (approx. 60,000 cars daily).; 1.44‑acre commercial property suitable for redevelopment.; 7,000 sq ft building with a perimeter structure frame and no center columns.**
More about this property
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