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    1535 Eldorado Pkwy Little Elm, TX 75068

    For Sale
    Contact for pricing

    4.45 Acres, Little Elm, TX - Development Ready

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    362
    This exceptional 4.449-acre commercial land parcel presents a unique development opportunity in Little Elm, Texas. Strategically located at 1535 E Eldorado Pkwy, zip code 75068, in Denton County, this property is ideally situated for various commercial uses. Its prime location is bordered by Castleridge Drive to the west, E Eldorado Parkway to the south, and Winfield Drive to the east. The site boasts a private drive approach off E Eldorado Parkway at the southeast corner. Adding to its appeal, a 3,300 square foot residential property is included in the sale. This parcel represents a key component for assemblage with neighboring properties, which have recently undergone rezoning. Specifically, the parcel to the north has been rezoned for duplex development, while the parcel to the east has been rezoned for multi-family use. A retail strip is conveniently located at the southeast corner, further enhancing the property's commercial viability. This is the final piece needed to complete the assemblage of the remaining unimproved parcels in this thriving area, making it an exceptional investment opportunity for developers seeking a prime location with significant potential. The property's location offers excellent visibility and accessibility, making it an attractive proposition for a wide range of commercial ventures.

    Property Features for 1535 Eldorado Pkwy

    General Information

    Property type
    Land
    Lot Size
    193,798 SF

    HighLights

    • 4.449‑acre commercial land parcel in Little Elm, TX (75068).
    • Located at 1535 E Eldorado Pkwy, Denton County, with excellent visibility and accessibility.
    • Includes a 3,300 sq ft residential property.
    • Key assemblage opportunity; adjacent parcels recently rezoned for multi‑family and duplex development.
    • Retail strip located nearby.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

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

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

    Location Insight

    • Map
    • Local Demand
    City
    Little Elm
    County
    Denton
    State
    Texas
    Longitude
    -96.917533412767
    Latitude
    33.168932247452

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    FAQs

    What type of property is this?
    Land - 4.45 Acres, Little Elm, TX - Development Ready
    Where is this land located?
    The property is located at 1535 Eldorado Pkwy Little Elm, TX.
    What are key features of this property?
    This property features: 4.449-acre commercial land parcel in Little Elm, TX (75068).; Located at 1535 E Eldorado Pkwy, Denton County, with excellent visibility and accessibility.; Includes a 3,300 sq ft residential property.
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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
    1535 Eldorado Pkwy Little Elm, TX 75068
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