Frisco TX USA State Hwy 121 & Legacy Dr Plano, TX 75034
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Exceptional 18-acre commercial development site in Frisco, TX.
Description
Added:
Dec 11, 2024
Days on Market:
397
This exceptional 18.448-acre commercial land parcel presents a unique development opportunity in the thriving city of Frisco, Texas. Situated at the intersection of State Highway 121 and Legacy Drive, this property benefits from unparalleled visibility and accessibility. The PD-31 zoning allows for a wide range of commercial development possibilities, catering to diverse business needs. The location boasts proximity to major corporate headquarters, including Toyota North America, JPMorgan Chase & Co., FedEx, Liberty Mutual, Frito-Lay, Pizza Hut, and Ericsson, ensuring a robust and established business environment. Furthermore, the site is conveniently located near the upscale Legacy West shopping center, home to high-end retailers such as Del Frisco's, Mesero, Shake Shack, West Elm, Frontgate, Earls, Bonobos, True Food Kitchen, Fogo de Chao, SuitSupply, and Tommy Bahama, providing immediate access to a significant consumer base. This prime location offers exceptional potential for developers seeking to capitalize on Frisco's dynamic economic growth and strong market demand. The substantial lot size provides ample space for large-scale projects, while the strategic location ensures maximum exposure and accessibility. This is an unparalleled opportunity to establish a landmark commercial development in one of the most sought-after areas of North Texas. The property is located in Collin County, Texas, with a zip code of 75034.
Property Features for Frisco TX USA State Hwy 121 & Legacy Dr
General Information
Property type
Land
Lot Size
803,595 SF
HighLights
18.448‑acre commercial land parcel in Frisco, Texas.
Located at State Highway 121 & Legacy Drive, Collin County, zip code 75034.
Zoned PD‑31.
Prime development site near major corporate headquarters (Toyota, JPMorgan Chase, FedEx, Liberty Mutual, Frito‑Lay, Pizza Hut, Ericsson) and high‑end retailers at Legacy West.
Land - Exceptional 18-acre commercial development site in Frisco, TX.
Where is this land located?
The property is located at Frisco TX USA State Hwy 121 & Legacy Dr Plano, TX.
What are key features of this property?
This property features: 18.448-acre commercial land parcel in Frisco, Texas.; Located at State Highway 121 & Legacy Drive, Collin County, zip code 75034.; Zoned PD-31.
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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
Frisco TX USA State Hwy 121 & Legacy Dr Plano, TX 75034
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Frisco TX USA State Hwy 121 & Legacy Dr, Plano, TX
Ryan Johnson
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to Frisco TX USA State Hwy 121 & Legacy Dr Plano, TX 75034
Frisco TX USA State Hwy 121 & Legacy Dr, Plano, TX
Ryan Johnson
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