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    2045 Fm 423 Little Elm, TX 75068

    For Lease
    $37 SF/Yr
    Lot size:
    12,000 SF
    Added:
    Dec 11, 2024
    Days on Market:
    362

    Property Features for 2045 Fm 423

    General Information

    Property type
    Retail properties
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    12,000 SF
    Total Rate
    37000

    Building Details

    Year Built
    2025
    Stories
    2

    Unit(s) available at that property

    Space
    Available Space
    Size
    12,000 SF
    Rate per SF
    $37

    HighLights

    • 12,000 SF of space available for lease.
    • 6,000 SF of ground‑level space available.
    • Delivery in Q1 2025.
    • Asking rent: $37/SF, plus NNN expenses.
    • Tenant improvements (TI) allowance based on lease term and creditworthiness.
    • Ideal for medical or office tenants.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Building Supply Gym & Fitness

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

    Location Insight

    • Map
    • Local Demand
    City
    Little Elm
    County
    Denton
    State
    Texas
    Longitude
    -96.889926891128
    Latitude
    33.165847259976

    Nearby Similar for Lease

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    FAQs

    Where is this retail property located?
    The property is located at 2045 Fm 423 Little Elm, TX.
    What is the lease rate?
    The lease rate is $37 SF/Yr.
    What are key features of this property?
    This property features: 12,000 SF of space available for lease.; 6,000 SF of ground-level space available.; Delivery in Q1 2025.
    Request Owner's contact information
    2045 Fm 423 Little Elm, TX 75068
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    Realmo Value Estimation

    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.

    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.

    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
    2045 Fm 423 Little Elm, TX 75068
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