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Commercial Land Next to Walgreens

2042 Highland Forest Drive Highland Village, TX 75077

2042 Highland Forest Drive, Highland Village, TX, 75077
$499,000
For Sale
$499,000

LAND - Highland Village, TX

Lot Size0.75 Acres
Days on Market157

Property Features for 2042 Highland Forest Drive

General Information

Property type
Land
Property subtype
Other
Vegetation
Wooded
Standard status
Active
APN
R187810
Lot size
0.75 Acres
Listing Agency Gallery Realtors
Flower Mound, TX
Listed by Kayli Coffman · License #0707907
Added: Feb 11 Checked: Jul 18 at 3:06 am
MLS# 20817373 Listing URL

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.

This is a premium commercial land opportunity totaling approximately 0.75 acres, offered as a development-ready site. The property is positioned next door to a Walgreens Pharmacy and is described as a strong fit for a wide range of neighborhood-oriented and professional uses, including a medical office, retail, dental office, salon, or similar service concepts.

The site benefits from its placement along Justin Rd–FM 407, identified as a high-traffic corridor. The property also sits near Morris Rd in Highland Village, close to Flower Mound, with nearby demand drivers that include Marcus High School and a mix of retail shops, restaurants, and business offices. Access is noted as shared with the Walgreens on one side, with professional law and business offices to the rear and residential uses on one side.

For buyers or tenants evaluating a new-build or tailored development, the location and surrounding mix support a practical tenant mix that blends professional services with retail visibility. The shared-drive configuration alongside a major pharmacy anchor can make this site especially appealing for operators seeking convenient customer access while benefiting from an established commercial adjacency.

Key Highlights

  • Approximately 0.75‑acre property site on Justin Rd (FM 407) and Morris Rd in Highland Village
  • Adjacent to Walgreen's Pharmacy along the shared drive on one side
  • Located on Justin Rd (FM 407), a high‑traffic area

Property Analytics

Property Profile Location Intelligence

Current Use by Public Records

Commercial land

Suggested Use

Auto Parts Store Big Box & Wholesale Store Kitchen & Bath Showroom Hotel & Motel Grocery & Convenience Store Garden Center Building Supply Electrical Service Storage Facility (Bike/Boat/Book/etc) Store

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

FAQs

What type of property is this?
Commercial land - Prime 0.75-acre site with shared access beside a Walgreens, positioned for a variety of retail and service uses.
Where is this commercial land located?
The property is located at 2042 Highland Forest Drive Highland Village, 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: Approximately 0.75‑acre property site on Justin Rd (FM 407) and Morris Rd in Highland Village; Adjacent to Walgreen's Pharmacy along the shared drive on one side; Located on Justin Rd (FM 407), a high‑traffic area
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