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Light Commercial Development Land Corner
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2198 Oak Grove Pkwy, Little Elm, TX 75068

Corner lot on Oak Grove Pkwy with a pending right-of-way reservation for Hill Ln.

Property SizeContact for details
Lot Size0.67 Acres
Days on Market1045

Property Features for 2198 Oak Grove Pkwy

General Information

Standard status Active
Lot size 0.67 Acres
Property subtype Land
Zoning Light Commercial

Site & Location

Traffic Count 24,770 vehicles/day
Highway Access Yes
Road Access Yes
Utilities to Site Yes
Listing Agency: Stewart-Rose Properties
Listed By: Larry Rose · License #TX 0460624
Source: Crexi
Added: Oct 27, 2023 Changed: Aug 25 Last Checked: Sep 2 at 6:14PM

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 Stewart-Rose Properties

Investment Insights

Based on property information with market context.

This is a for-sale commercial land parcel totaling 0.667 acres (29,055 SF) located on the southern corner of Hill Ln. and Oak Grove Pkwy (FM-720). The property includes 3,746 SF pending ROW for Hill Ln. and is described as having utilities available, with an Ace Hardware development noted as ongoing adjacent to the site.

The parcel sits in a high-traffic area along FM-720, with TXDoT reporting 24,770 VPD. The surrounding area is characterized as a high-density mix of commercial and residential development, and the site is stated to be zoned for Light Commercial.

The offering is for land only, suited to light commercial development consistent with the stated zoning and the existing site conditions including the Hill Ln. ROW reservation.

Key Highlights

  • 0.667‑acre (29,055 SF) corner lot on the southern corner of Hill Ln. and Oak Grove Pkwy (FM‑720).
  • 3,746 SF pending ROW for Hill Ln.
  • All utilities available at the site.

Property Analytics

Current Use

Commercial land

Suggested Use

Top Pick Dental Office Restaurant Law Firm Big Box & Wholesale Store Electrical Service Storage Facility

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

Lease Details

24,770 VPD
Traffic count
Yes
Highway access
Yes
Paved road access
Yes
Utilities to site

Location Intelligence

Trade Area within ½ mile

101
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?
Commercial land - Corner lot on Oak Grove Pkwy with a pending right-of-way reservation for Hill Ln.
Where is this commercial land located?
The property is located at 2198 Oak Grove Pkwy Little Elm, TX.
What is the asking price?
The asking price for this property is $499,000.
What are key features of this property?
This property features: 0.667‑acre (29,055 SF) corner lot on the southern corner of Hill Ln. and Oak Grove Pkwy (FM‑720).; 3,746 SF pending ROW for Hill Ln.; All utilities available at the site.
(940) 365-3470 Call to check price and availability
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