Your AI Navigator in Commercial Real Estate
Sign Up Successful!
You now have access to more from Realmo!
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search

    Tx-121 Frisco, TX 75024

    Sponsored
    For Sale
    $2,650,000

    High-traffic location, excellent development potential.

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This exceptional 1.897-acre commercial land parcel, located at the southwest corner of State Highway 121 and Rasor Boulevard in Plano, Texas, presents a unique investment opportunity. Priced at $2,650,000, this property boasts a land value of $22.53 per square foot, totaling 117,612 square feet. The site is zoned RC-Regional Commercial, allowing for a wide range of development possibilities. Importantly, this location has already received approval for a FourPoint Sheraton Hotel franchise. All necessary development documents are readily available for review, ensuring a streamlined and informed decision-making process for prospective buyers. The property's strategic position on State Highway 121 in Plano, Texas, 75024, guarantees high visibility and accessibility, making it an ideal location for a variety of commercial ventures. This prime location offers significant potential for substantial returns on investment. The property's proximity to major thoroughfares and established businesses further enhances its appeal. Don't miss this chance to acquire a highly desirable commercial land parcel in a thriving Texas market.

    Property Features for 0 Tx-121

    General Information

    Property type
    Land

    HighLights

    • $2,650,000 asking price for 1.897 acres of commercial land.
    • Located at the southwest corner of SH 121 and Rasor Blvd in Plano, TX 75024.
    • RC‑Regional Commercial zoning.
    • Land value: $22.53/SF.
    • Four Point Sheraton Hotel franchise approved.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Frisco
    County
    Collin
    State
    Texas
    Longitude
    -96.790628034959
    Latitude
    33.101311112014

    Nearby Similar for Sale

    • $2,600,000
      1.00 Acre

      Frisco Childcare Building For Sale

      Turnkey childcare building in Frisco, TX, fully furnished and equipped.
      7480 Stonebrook Pkwy, Frisco, TX 75034
      View Details
    • $1,295,000
      3,131 SF

      Frisco Office/Medical/Salon Opportunity

      Reconstructed office building suitable for medical or salon use.
      7010 Ash St, Frisco, TX 75034
      View Details
    • $435,000
      2.71 Acres

      Upscale Frisco Professional Office Condo

      Prime Frisco office condo near FM 423 and Stonebrook Pkwy.
      425 Old Newman Rd, Frisco, TX 75036
      View Details
    • $2,300,000
      1.08 Acres

      Frisco Office on One Acre

      Stand-alone building on one acre in the heart of Frisco.
      8785 Mckinney Rd, Frisco, TX 75033
      View Details
    • $8,395,000
      1.76 Acres

      Frisco Office Building on Preston

      High-profile Frisco office building with existing tenant and owner-user potential.
      4783 Preston Rd, Frisco, TX 75034
      View Details
    • $650,000

      Updated Duplex in Prime Location

      Fully updated duplex in Frisco, ideal for investors or homeowners.
      8539 Holly St, Frisco, TX 75034
      View Details
    • $1,175,000
      0.37 Acres

      Renovated Office in Frisco Rail

      Turnkey office building in Frisco's Rail District.
      7790 Main St, Frisco, TX 75033
      View Details
    • $709,000
      1,542 SF

      Frisco Office Condo For Sale

      1,542 SF office condo in prime Frisco location.
      11619 Independence Pkwy, Frisco, TX 75035
      View Details
    • $428,999
      4.78 Acres

      Frisco Office Investment Opportunity

      Leased office space with immediate cash flow in Frisco.
      400 Stonebrook Pkwy, Frisco, TX 75036
      View Details
    • $465,000
      3.56 Acres

      Modern Retail Office Unit

      Retail office unit in high-traffic area near Stonebrook and Tollway.
      7000 Parkwood Blvd, Frisco, TX 75034
      View Details
    • $416,300
      2.03 Acres

      Move-in Ready Frisco Office Suite

      New construction office condo in prime Frisco location.
      4300 Punjab Way, Frisco, TX 75033
      View Details
    • $344,000
      1.11 Acres

      New Frisco Office Space

      Newly constructed office space in a park-like Frisco setting.
      11583 Independence Pkwy, Frisco, TX 75035
      View Details

    FAQs

    What type of property is this?
    Land - High-traffic location, excellent development potential.
    Where is this land located?
    The property is located at Tx-121 Frisco, TX.
    What is the asking price?
    The asking price for this property is $2,650,000.
    What are key features of this property?
    This property features: $2,650,000 asking price for 1.897 acres of commercial land.; Located at the southwest corner of SH 121 and Rasor Blvd in Plano, TX 75024.; RC-Regional Commercial zoning.
    (972) 793-3277
    Request Owner's contact information
    Tx-121 Frisco, TX 75024
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    Tx-121
    Frisco, TX 75024
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    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
    Tx-121 Frisco, TX 75024
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Google sign-in failed. Please try again or use another login method.
    Create New Password
    • At least 8 characters
    • Contains both letters and numbers
    • Contains uppercase and lowercase letters
    • At most 32 characters
    • Password required
    • Password reset link has expired. Please request a new one.