Add Listing
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    Back to Search
    Land in Prime Location Title is generated by Realmo AI

    1729 E Eldorado Pkwy, Little Elm, TX 75068

    View on Map
    Claim this Listing
    For Sale
    Contact for pricing

    Shovel-ready land with approved retail plans in Little Elm.

    Type:LAND
    Lot size:
    79.00 Acres
    Added:
    May 22, 2026
    Days on Market:
    13
    Last Refresh:
    May 27 at 8:24 am

    Property Features for 1729 E Eldorado Pkwy

    General Information

    Standard status
    Active
    Lot size
    79.00 Acres
    Property subtype
    LAND

    We can help!

    Listing Contact
    Najdi Rafaty
    Najdi Rafaty

    Listing agent Najdi Rafaty

    Listing office LINC Commercial Realty

    Listing date May 22, 2026

    Source Moodyscre

    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 LINC Commercial Realty

    HighLights

    • Shovel‑ready with approved plans for 7,800 sq ft retail (Lot 1) and 28,000 sq ft retail (Lot 2)
    • Prime location in Little Elm
    • High visibility on Eldorado Parkway
    • Proximity to major highways

    Overview

    This property is a land parcel situated in a prime location in Little Elm. The site has high visibility on Eldorado Parkway and is in proximity to major highways. Approved plans are in place for a 7,800-square-foot retail space on Lot 1 and a 28,000-square-foot retail space on Lot 2. The property is shovel-ready.
    Location Intelligence

    Current Use by Public Records

    Commercial land

    Suggested Use

    Real Estate Agency Law Firm Restaurant Spa & Massage Center Dental Office Hair Salon Nail Salon Building Supply Gym & Fitness Center Accounting Firm

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

    Location Insight

    • Map
    • Local Demand
    City
    Little Elm
    County
    Denton
    State
    Texas
    Longitude
    -96.910532
    Latitude
    33.168688

    Nearby Similar for Sale

    • $900,000
      1,120 SF

      Commercial Land with Metal Building

      Frontage-visible, multi-lot parcel near a major toll bridge, offering land value and an existing metal building.
      3885 W Eldorado Parkway, Little Elm, TX 75068
      View Details
    • $750,000

      Road-Front Retail Condo Investment

      Leased road-front retail condo with a long-term NNN lease through 2033 and built-in rent escalations.
      25691 Smotherman Road, Little Elm, TX 75034
      View Details
    • $425,000

      Leased Office Condo with Four Offices

      Well-configured office condo with four private offices and stable in-place tenancy, offering an income-focused ownership opportunity.
      2601 Little Elm Parkway, Little Elm, TX 75068
      View Details
    • $418,500

      Corner Office Suite in Medical Complex

      Move-in ready corner office suite with abundant windows, quality finishes, and ample parking near major retail.
      2601 Little Elm Parkway, Little Elm, TX 75068
      View Details
    • $539,900
      2,982 SF

      Two-Story Duplex With Open-Concept Layout

      A two-story duplex with an existing long-term lease and an additional unit ready for immediate occupancy.
      430 Woodgrove Drive, Little Elm, TX 75068
      View Details
    • $420,000

      Newly Built Office Suite

      A 2023-built professional suite with reception, kitchenette, lounge, four offices, and restroom—positioned for office or medical use.
      2601 Little Elm Parkway, Little Elm, TX 75068
      View Details
    • $1,968,000

      Commercial Land with Busy Road Frontage

      Commercial-zoned vacant land near Little Elm ISD athletic facilities, positioned for office condo or retail development with strong visibility.
      1135 Eldorado Parkway E, Little Elm, TX 75068
      View Details
    • $549,000

      Lakefront Land with Direct Access

      Build-ready waterfront parcel on Lewisville Lake with direct water access and open-water views, offering flexible development options.
      1505 Hillcrest Drive, Little Elm, TX 75068
      View Details
    • $539,900

      Waterfront Homesite in Gated Community

      A rare lakefront lot on a quiet cul-de-sac, offering privacy and scenic water views in a deed-restricted community.
      Braewood Bay Drive lot: 7, Little Elm, TX 75068
      View Details
    • $1,375,000

      Fully Fenced Farmland Opportunity

      8.29 AG-exempt acres in unincorporated Denton County with water well and electricity, suited for horses, livestock, or recreation.
      1189 Lloyds Road, Little Elm, TX 75068
      View Details
    • $399,000

      Waterfront Land Lot on Lake Lewisville

      Rare lakefront parcel with direct lake access and no HOA restrictions, ideal for a custom lakeside home and outdoor recreation.
      Marion Drive, Little Elm, TX 75068
      View Details
    • $500,000

      Versatile Development Land in ETJ

      Nearly an acre outside city limits offers flexibility for residential, multifamily, or other development concepts subject to county approval.
      Selma Drive, Little Elm, TX 75068
      View Details

    FAQs

    What type of property is this?
    Commercial land - Shovel-ready land with approved retail plans in Little Elm.
    Where is this commercial land located?
    The property is located at 1729 E Eldorado Pkwy Little Elm, TX.
    What are key features of this property?
    This property features: Shovel‑ready with approved plans for 7,800 sq ft retail (Lot 1) and 28,000 sq ft retail (Lot 2); Prime location in Little Elm; High visibility on Eldorado Parkway
    (310) 735-7980 Call to check price and availability
    We can help!
    Contact for Pricing
    Please call us for current price
    and status of this listing Najdi Rafaty
    Najdi Rafaty
    Learn More
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    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.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    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.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    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
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Thank You for Inquiry
    1729 E Eldorado Pkwy, Little Elm, TX 75068
    letter with green check mark
    Check your email
    We sent you the
    agent's contact details. yellow underline
    Can't find it?
    Please check your junk/spam folder.
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!