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    2956 Farm To Market Rd Little Elm, TX 75068

    For Lease
    Contact for pricing

    2.41-Acre Lot, High Traffic Area

    Lot size:
    104,980 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    362
    This exceptional 2.41-acre commercial land parcel presents a prime development opportunity in the thriving town of Little Elm, Texas, situated in Denton County. Located at 2956 Farm to Market Rd 720, zip code 75068, this single-tenant property boasts an enviable location directly behind a newly constructed McDonald's and a bustling multi-tenant strip center anchored by Starbucks, 7-Eleven, CVS, and Dunkin' Donuts. The site benefits from exceptional visibility and accessibility, with impressive traffic counts of 34,739 vehicles per day (VPD) on FM 720 and 9,694 VPD on McCormick Road. This permit-ready lot comes complete with approved architectural plans for a Montessori school, showcasing its versatility and potential for various uses. The property's strong location is further enhanced by its proximity to established residential communities like Wild Ridge and Woodridge Estates, contributing to a robust demographic profile within a 5-mile radius encompassing 132,629 residents and an average household income of $128,411. The seller is open to build-to-suit options, making this an ideal investment for businesses seeking to establish a presence in this rapidly growing area. This property is well-suited for retail, office, or medical uses, offering flexible leasing options to accommodate diverse business needs.

    Property Features for 2956 Farm To Market Rd

    General Information

    Property type
    Land
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    104,980 SF

    Unit(s) available at that property

    Space
    Size
    104,980 SF

    HighLights

    • High‑traffic location: 34,739 vehicles per day (VPD) on FM 720 and 9,694 VPD on McCormick Road.
    • Excellent visibility: Situated next to a McDonald's and Starbucks.
    • Build‑to‑suit opportunities available: Experienced developer offers flexible lease terms.
    • Ready for immediate development: City‑approved Montessori school plans with complete architectural drawings.
    • Strong demographics: High average household income in a growing community.
    • Retail‑rich environment: Located near CVS and Dunkin' Donuts.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Little Elm
    County
    Denton
    State
    Texas
    Longitude
    -96.978401
    Latitude
    33.184976

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    FAQs

    What type of property is this?
    Land - 2.41-Acre Lot, High Traffic Area
    Where is this land located?
    The property is located at 2956 Farm To Market Rd Little Elm, TX.
    What are key features of this property?
    This property features: High-traffic location: 34,739 vehicles per day (VPD) on FM 720 and 9,694 VPD on McCormick Road.; Excellent visibility: Situated next to a McDonald's and Starbucks.; Build-to-suit opportunities available: Experienced developer offers flexible lease terms.
    Request Owner's contact information
    2956 Farm To Market Rd Little Elm, TX 75068
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    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
    2956 Farm To Market Rd Little Elm, TX 75068
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