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    2956 Fm 720 Little Elm, TX 75068

    For Sale
    Contact for pricing

    2.4 Acres, Build-to-Suit Options

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    362
    This exceptional 2.4-acre commercial land parcel presents a remarkable investment opportunity in the rapidly developing area of Little Elm, Texas. Strategically located at 2956 W FM 720 in Oak Point, Denton County, zip code 75068 (33.184976, -96.978401), this property boasts a highly desirable location directly behind a brand new McDonald's and a multi-tenant strip center including a Starbucks. The site's proximity to Little Elm ensures high visibility and accessibility, benefiting from the area's robust growth and increasing population. This property is ideal for developers seeking a prime location for new construction. An experienced developer is available to provide build-to-suit options, catering to specific tenant requirements. Build-to-suit pricing is available at $32.00 per square foot plus NNN. Lease options range from 2,000 to 25,000 square feet. The sale price is available upon request. Tenant improvement allowances are negotiable. Don't miss this chance to secure a prominent location in one of North Texas's most dynamic commercial corridors.

    Property Features for 2956 Fm 720

    General Information

    Property type
    Land
    Lot Size
    104,544 SF

    HighLights

    • 2.4‑acre commercial land parcel in Little Elm, TX, directly behind a new McDonald's and a multi‑tenant center including Starbucks.
    • Located in a rapidly developing area adjacent to Little Elm.
    • Experienced developer available for build‑to‑suit options.
    • Build‑to‑suit price: $32.00/SF + NNN.
    • Lease space available from 2,000 to 25,000 SF.
    • 2.4‑acre site; sale price available upon request.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Restaurant Realty agency Building Supply Dental Office Wholesale Shop Auto Repair Shop Nail Salon Hotel & Motel Pharmacy 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
    -96.978401
    Latitude
    33.184976

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    FAQs

    What type of property is this?
    Land - 2.4 Acres, Build-to-Suit Options
    Where is this land located?
    The property is located at 2956 Fm 720 Little Elm, TX.
    What are key features of this property?
    This property features: 2.4-acre commercial land parcel in Little Elm, TX, directly behind a new McDonald's and a multi-tenant center including Starbucks.; Located in a rapidly developing area adjacent to Little Elm.; Experienced developer available for build-to-suit options.
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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
    2956 Fm 720 Little Elm, TX 75068
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