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    5 Block A Flower Mound, TX 75028

    Sponsored
    For Sale
    Contact for pricing

    Prime .77-acre C2 zoned lot. High visibility, strong demographics.

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    391
    This exceptional .77-acre commercial lot, located at Waketon Dr- Lot 5, Block A in Flower Mound, Texas, presents a remarkable development opportunity. Zoned C2, this 33,541 square foot parcel offers considerable versatility for a range of commercial projects, including retail or office spaces. The property enjoys a highly visible location within a thriving business district, benefiting from significant foot traffic and proximity to major national retailers such as Hobby Lobby, JCPenney, and QuikTrip. The surrounding area boasts above-average household incomes, indicating a strong potential for return on investment. Convenient access to FM 2499 and Waketon Road ensures excellent accessibility for both customers and employees. This prime location in Denton County, Texas (zip code 75028), offers a unique chance to establish a successful commercial venture in a dynamic and prosperous community. The property's strategic positioning and favorable zoning make it an ideal investment for discerning developers seeking a high-impact location in Flower Mound.

    Property Features for 5 Block A

    General Information

    Property type
    Land
    Lot Size
    33,541 SF

    HighLights

    • Prime .77‑acre (33,541 SF) commercial lot in Flower Mound, TX.
    • C2 zoning allows for versatile commercial development.
    • High‑visibility location near major retailers like Hobby Lobby and JCPenney.
    • Strong demographics with above‑average household incomes.
    • Excellent access to FM 2499 and Waketon Road.
    • Thriving Flower Mound business district location.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Flower Mound
    County
    Denton
    State
    Texas
    Longitude
    -97.0605998
    Latitude
    33.0478852

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    FAQs

    What type of property is this?
    Land - Prime .77-acre C2 zoned lot. High visibility, strong demographics.
    Where is this land located?
    The property is located at 5 Block A Flower Mound, TX.
    What are key features of this property?
    This property features: Prime .77-acre (33,541 SF) commercial lot in Flower Mound, TX.; C2 zoning allows for versatile commercial development.; High-visibility location near major retailers like Hobby Lobby and JCPenney.
    (214) 373-8300
    Request Owner's contact information
    5 Block A Flower Mound, TX 75028
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    Flower Mound, TX 75028
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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
    5 Block A Flower Mound, TX 75028
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