Oak Point Development
For Sale
Contact for pricing
2956 W FM 720, Oak Point, TX 75068
2.41-acre lot in high-traffic area, permit-ready.
Property SizeContact for details
Lot Size2.41 Acres
Days on Market904
Property Features for 2956 W FM 720
General Information
Standard status
Active
Lot size
2.41 Acres
Property subtype
Land
Listing Agency:
Structure Commercial
(214) 373-8300
Listed By:
Michael Gonzalez · License #TX
Source:
Crexi
Added: Feb 20, 2024
Changed: Aug 10
Last Checked: Aug 12 at 9:12AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Structure Commercial
Investment Insights
Based on property information with market context.
This 2.41-acre commercial lot is located in Oak Point, Texas. Situated behind a new McDonald's and a multi-tenant strip center that includes Starbucks, 7-Eleven, CVS, and Dunkin' Donuts, the site benefits from high visibility and accessibility. Traffic counts are 34,739 vehicles per day on FM 720 and 9,694 vehicles per day on McCormick Road. The property is permit-ready with completed architectural plans and city approval for a Montessori School. The surrounding area has a strong demographic profile, with a 5-mile radius population of 132,629 and an average household income of $128,411. Nearby residential developments include Wild Ridge and Woodridge Estates. The property is suitable for retail, office, or medical use. An experienced developer is willing to build-to-suit, making this an ideal location for businesses looking to capitalize on the growing area adjacent to Little Elm.
Key Highlights
- Prime 2.41‑acre development opportunity in high‑growth Oak Point, TX.
- High visibility with significant traffic counts (34,739 VPD on FM 720 and 9,694 VPD on McCormick Road).
- Located behind established businesses: McDonald's, Starbucks, 7‑Eleven, CVS, and Dunkin' Donuts.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
49
Businesses Nearby
Explore this area
Business Placement
Demographics for 75068, TX
66,248
Population
23,499
Households
2.8
Avg Household Size
34
Median Age
43%
College-Educated
92%
High-School Grad
27.9 sq mi
ZIP Area
2,374
Density / Sq Mi
$126,341
Median Household Income
$66,559
Median Earnings
$2,161
Median Rent
$386,300
Median Home Value
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Commercial land - 2.41-acre lot in high-traffic area, permit-ready.
Where is this commercial land located?
The property is located at 2956 W FM 720 Oak Point, TX.
What are key features of this property?
This property features: Prime 2.41‑acre development opportunity in high‑growth Oak Point, TX.; High visibility with significant traffic counts (34,739 VPD on FM 720 and 9,694 VPD on McCormick Road).; Located behind established businesses: McDonald's, Starbucks, 7‑Eleven, CVS, and Dunkin' Donuts.
