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    1165 Round Grove Rd Lewisville, TX 75067

    For Sale
    $681,627

    1.3 Acres, $681,627, High-Growth Area

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    366
    This exceptional 1.304-acre commercial land parcel presents a remarkable investment opportunity in the thriving city of Lewisville, Texas. Located at 1165 W. Round Grove Rd., this property boasts a desirable location within Denton County, offering easy access to major transportation routes and a vibrant business community. The asking price is $681,627, translating to a land value of $12 per square foot. This represents a compelling entry point into the Lewisville commercial real estate market, known for its strong economic growth and diverse business landscape. The property's size provides ample space for a variety of commercial developments, making it suitable for businesses seeking to establish a significant presence in this dynamic area. The property's zoning and permitted uses should be independently verified to ensure compatibility with your specific development plans. With its strategic location and attractive price point, this land parcel offers significant potential for long-term appreciation and substantial returns on investment. The zip code is 75067. Don't miss this chance to acquire a prime piece of commercial real estate in one of Texas's fastest-growing cities. Further due diligence is recommended.

    Property Features for 1165 Round Grove Rd

    General Information

    Property type
    Land
    Lot Size
    56,802 SF

    HighLights

    • 1.1.304‑acre commercial land parcel in Lewisville, TX.
    • 2. Located at 1165 W. Round Grove Rd., Denton County.
    • 3. Asking price: $681,627 ($12/sq ft).
    • 4. Suitable for various commercial developments.
    • 5. Zoning and permitted uses require independent verification.
    • 6. Zip code: 75067.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Avalon Memory Care Assisted Living Facility

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Spa & Massage Dental Office Wholesale Shop Auto Repair Shop Hair Salon Clothing Store

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

    Location Insight

    • Map
    • Local Demand
    City
    Lewisville
    County
    Denton
    State
    Texas
    Longitude
    -97.0227845
    Latitude
    33.0084271

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    FAQs

    What type of property is this?
    Land - 1.3 Acres, $681,627, High-Growth Area
    Where is this land located?
    The property is located at 1165 Round Grove Rd Lewisville, TX.
    What is the asking price?
    The asking price for this property is $681,627.
    What are key features of this property?
    This property features: 1.1.304-acre commercial land parcel in Lewisville, TX.; 2. Located at 1165 W. Round Grove Rd., Denton County.; 3. Asking price: $681,627 ($12/sq ft).
    (817) 872-3909
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    Lewisville, TX 75067
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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
    1165 Round Grove Rd Lewisville, TX 75067
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