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    1807 Oak Grove Pkwy Little Elm, TX 75068

    For Sale
    $907,965

    Prime 3-acre commercial lot, high visibility.

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    362
    This exceptional 3.088-acre commercial land parcel presents a remarkable investment opportunity in the thriving Little Elm, Texas market. Located at 1807 Oak Grove Parkway (FM 720), this property boasts 425 feet of frontage along a major thoroughfare, ensuring unparalleled visibility and accessibility. Its strategic location at the intersection of Eldorado Parkway and Oak Grove Parkway guarantees high traffic counts and significant exposure to potential customers. The property is zoned for Commercial/Retail use, offering a wide range of development possibilities. The asking price is $907,965, translating to $294,000 per acre, reflecting the land's prime location and development potential. The seller is motivated, making this an opportune time to acquire this highly desirable property in a rapidly growing area. Situated in Denton County, Texas, with a zip code of 75068, this location offers easy access to major transportation routes and a vibrant community. The property's ideal location and zoning make it suitable for a variety of commercial ventures, from retail establishments to restaurants and professional offices. Don't miss this chance to secure a prime piece of commercial real estate in Little Elm.

    Property Features for 1807 Oak Grove Pkwy

    General Information

    Property type
    Land
    Lot Size
    134,513 SF

    HighLights

    • $907,965 asking price for 3.088 acres of commercial land.
    • Located at 1807 Oak Grove Pkwy, Little Elm, TX 75068.
    • Commercial/Retail zoning.
    • 425 feet of frontage on Oak Grove Pkwy (FM 720), highly visible from Eldorado Parkway intersection.
    • Motivated seller.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Dental Office Wholesale Shop Auto Repair Shop Nail Salon Gym & Fitness Auto Parts 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
    -96.966541024369
    Latitude
    33.165634963284

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    FAQs

    What type of property is this?
    Land - Prime 3-acre commercial lot, high visibility.
    Where is this land located?
    The property is located at 1807 Oak Grove Pkwy Little Elm, TX.
    What is the asking price?
    The asking price for this property is $907,965.
    What are key features of this property?
    This property features: $907,965 asking price for 3.088 acres of commercial land.; Located at 1807 Oak Grove Pkwy, Little Elm, TX 75068.; Commercial/Retail zoning.
    (214) 566-9052
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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
    1807 Oak Grove Pkwy Little Elm, TX 75068
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