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    3301 Fm 720 Little Elm, TX 75068

    For Sale
    Contact for pricing

    4.72 Acres, Prime Retail Location

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    362
    This exceptional 4.72-acre commercial land parcel presents a unique investment opportunity in the rapidly growing Little Elm, Texas market. Located at the hard corner of the signalized intersection of FM 720 and Martop Road, this property boasts excellent visibility and accessibility. The site offers significant potential for pad and retail development, including drive-thru capabilities, making it ideal for a variety of commercial uses. The area is experiencing substantial residential growth, with over sixteen new residential projects underway within a three-mile radius, adding up to 9,207 single-family lots and 509 multi-family units. This surge in residential development translates to increased demand for retail and commercial services, ensuring a strong potential for future tenant occupancy and return on investment. The property's strategic location directly across from Rodriguez Middle School further enhances its appeal and accessibility. This prime location in Denton County, Texas, with a 75068 zip code, offers a compelling combination of high visibility, strong demographics, and significant growth potential, making it an attractive proposition for discerning investors and developers. The property is designated as commercial land and is ready for immediate development. Detailed site plans and zoning information are available upon request.

    Property Features for 3301 Fm 720

    General Information

    Property type
    Land
    Lot Size
    205,603 SF

    HighLights

    • Up to 4.72 acres of land available for pad and retail development, including drive‑thru potential.
    • High‑visibility corner lot at a signalized intersection of FM 720 and Martop Rd.
    • Strong residential growth, with over 16 new residential projects (9,207 single‑family lots and 509 multi‑family units) underway within 3 miles.
    • Located directly across from Rodriguez Middle School.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

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

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

    Location Insight

    • Map
    • Local Demand
    City
    Little Elm
    County
    Denton
    State
    Texas
    Longitude
    -96.9762734
    Latitude
    33.1961665

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    FAQs

    What type of property is this?
    Land - 4.72 Acres, Prime Retail Location
    Where is this land located?
    The property is located at 3301 Fm 720 Little Elm, TX.
    What are key features of this property?
    This property features: Up to 4.72 acres of land available for pad and retail development, including drive-thru potential.; High-visibility corner lot at a signalized intersection of FM 720 and Martop Rd.; Strong residential growth, with over 16 new residential projects (9,207 single-family lots and 509 multi-family units) underway within 3 miles.
    Request Owner's contact information
    3301 Fm 720 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
    3301 Fm 720 Little Elm, TX 75068
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