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    755 Hwy Lewisville, TX 75057

    For Sale
    Contact for pricing

    Prime Hwy 121 Land, 1.23 Acres

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    368
    This exceptional 1.23-acre commercial land parcel presents a remarkable opportunity for retail development. Ideally situated at 755 E. Highway 121 in Lewisville, Texas (zip code 75057), this multi-tenancy permitted site boasts unparalleled visibility and accessibility. The property's location in Denton County offers a strong demographic profile and high traffic counts, making it an attractive investment for businesses seeking a prominent presence. Zoned for retail use, this site is ready for immediate development, allowing for the construction of a single building. The asking price is to be determined. The expansive lot size provides ample space for a variety of retail concepts, from smaller shops to larger anchor stores. Its frontage on Highway 121 ensures maximum exposure to the high volume of daily traffic, guaranteeing significant brand visibility and customer reach. This prime location offers easy access for customers and excellent connectivity to the surrounding area, making it a highly desirable location for any retail venture. Serious inquiries are encouraged to explore the potential of this exceptional commercial land opportunity. The property is located at 33.058024 latitude and -96.9799755 longitude.

    Property Features for 755 Hwy

    General Information

    Property type
    Land
    Lot Size
    53,579 SF

    Building Details

    Buildings
    1

    HighLights

    • 1.23‑acre commercial land parcel in Lewisville, TX (75057) zoned for retail development.
    • High‑traffic location on Highway 121 with excellent visibility and accessibility.
    • Multi‑tenancy permitted site in Denton County with strong demographics.
    • Ready for immediate development.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Lewisville
    County
    Denton
    State
    Texas
    Longitude
    -96.9799755
    Latitude
    33.058024

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    FAQs

    What type of property is this?
    Land - Prime Hwy 121 Land, 1.23 Acres
    Where is this land located?
    The property is located at 755 Hwy Lewisville, TX.
    What are key features of this property?
    This property features: 1.23-acre commercial land parcel in Lewisville, TX (75057) zoned for retail development.; High-traffic location on Highway 121 with excellent visibility and accessibility.; Multi-tenancy permitted site in Denton County with strong demographics.
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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
    755 Hwy Lewisville, TX 75057
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