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Automotive Dealership Site with Display Area
For Sale
$999,995

1506 S State Highway 121, Lewisville, TX 75067

SINGLE_FAMILY - Lewisville, TX

Property SizeContact for details
Lot Size0.39 Acres
Days on Market21

Property Features for 1506 S State Highway 121

General Information

Property type Residential
Property subtype Retail
Zoning description LI-Light Industrial. Automotive Dealer operating with legal non conforming use.
Parking features Carport
Subdivision Wm King
Directions google maps is accurate
Standard status Active
APN R18778
Lot size 0.39 Acres

Taxes and HOA fees

Tax Description A0697A WM KING, TR 41, .385 ACRES
Tax Annual Amount 4986
Legal Description A0697A WM KING, TR 41, .385 ACRES

Utilities

Sewer type Public Sewer
Heating system Electric (Heating)
Cooling system Electric
Water source Public

Building Details

Year built 1979
Floors in Building 1
Number of units 1
Flooring type Concrete
Roof type Composition
Listing Agency: The Michael Group Real Estate
Listed By: Horatio Newman · License #0829483
Added: Jul 15 Changed: Aug 1 Last Checked: Aug 4 at 7:06AM
MLS# 21231914

Copyright © 2026 North Texas Real Estate Information Systems, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Investment Insights

Based on property information with market context.

Automotive dealership site designed for vehicle sales and customer access, with concrete flooring and composition roof. The property includes electric heating and electric cooling, plus a carport for covered parking needs. Water service is provided by public water and sewer service is provided by public sewer.

Located at 1506 S State Highway 121 in Lewisville (Denton County), the site is positioned for high visibility and accessibility along a major thoroughfare. The property is described as zoned and approved for automotive dealership use, supporting independent dealers and specialty auto sales. An estimated 35 retail vehicle display spaces are included to accommodate inventory presentation while maintaining circulation for customers.

The property was built in 1979, and the existing improvements are described as supporting a functional retail environment for immediate or near-term occupancy.

Key Highlights

  • Zoned and approved for automotive dealership use
  • Approximately 0.385‑acre site at 1506 S State Highway 121, Lewisville
  • Estimated 35 retail vehicle display spaces for inventory presentation

Property Analytics

Current Use

My New Used ... Car Dealership Stanley and Atkinson Car ... Law Firm

Suggested Use

Top Pick Real Estate Agency Law Firm Building Supply Big Box & Wholesale Store Dental Office Pharmacy

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

Yes
Highway access
Yes
Paved road access

Location Intelligence

Trade Area within ½ mile

188
Businesses Nearby
Balanced
Demand for This Use

Demographics for 75067, TX

68,734
Population
28,990
Households
2.4
Avg Household Size
34
Median Age
33%
College-Educated
87%
High-School Grad
13.5 sq mi
ZIP Area
5,091
Density / Sq Mi
$76,630
Median Household Income
$45,448
Median Earnings
$1,506
Median Rent
$321,100
Median Home Value

Market

Vacancy Rate% for Retail in South region

7% 2020
6.2% 2021
5.1% 2022
4.8% 2023
4.9% 2024
5.4% 2025
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Frequently Asked Questions

What type of property is this?
Auto shop - Automotive dealership use site with estimated vehicle display spaces, public water and sewer, and electric HVAC systems.
Where is this auto shop located?
The property is located at 1506 S State Highway 121 Lewisville, TX.
What is the asking price?
The asking price for this property is $999,995.
What are key features of this property?
This property features: Zoned and approved for automotive dealership use; Approximately 0.385‑acre site at 1506 S State Highway 121, Lewisville; Estimated 35 retail vehicle display spaces for inventory presentation
More about this property
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