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    2059 Fm 423 Little Elm, TX 75068

    For Sale
    Contact for pricing

    1.25 Acres, Prime Location, High Traffic

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    362
    This exceptional 1.25-acre commercial land parcel in Little Elm, Texas, presents a remarkable investment opportunity. Located at 2059 FM 423, this property boasts unparalleled visibility from Main Street (FM 423), ensuring maximum exposure for your business. The site benefits from its strategic position adjacent to major national retailers, including Kroger, ALDI, Starbucks, and RaceTrac, creating a high-traffic environment with a diverse customer base. Further enhancing its appeal, the property is situated near Cook Children's Pediatrics, Frisco Elm Dental, and Kiddie Academy, attracting a steady flow of families and individuals. This prime location experiences exceptionally high traffic counts exceeding 25,000 vehicles daily on both FM 423 and FM 720. The owner is open to Build-To-Suit (BTS) options, offering flexibility to customize the development to meet specific business needs. Little Elm's thriving community and strong demographics make this a highly desirable location for businesses seeking to establish or expand their presence in a vibrant and growing area. This 1.25-acre lot provides ample space for a variety of commercial ventures, making it an ideal investment for long-term growth and profitability. The property's zip code is 75068, and it is situated in Denton County.

    Property Features for 2059 Fm 423

    General Information

    Property type
    Land
    Lot Size
    54,450 SF

    HighLights

    • 1.25‑acre commercial lot available for development in Little Elm, TX.
    • High visibility from Main Street (FM 423).
    • Owner will consider Build‑To‑Suit (BTS) options.
    • High traffic counts exceeding 25,000 vehicles daily on FM 423 and FM 720.
    • Located in a growing community with strong demographics.
    • Adjacent to national retailers and family‑oriented businesses.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Building Supply Gym & Fitness

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

    Location Insight

    • Map
    • Local Demand
    City
    Little Elm
    County
    Denton
    State
    Texas
    Longitude
    -96.890659971699
    Latitude
    33.1664313226

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    FAQs

    What type of property is this?
    Land - 1.25 Acres, Prime Location, High Traffic
    Where is this land located?
    The property is located at 2059 Fm 423 Little Elm, TX.
    What are key features of this property?
    This property features: 1.25-acre commercial lot available for development in Little Elm, TX.; High visibility from Main Street (FM 423).; Owner will consider Build-To-Suit (BTS) options.
    Request Owner's contact information
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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
    2059 Fm 423 Little Elm, TX 75068
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