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    5651 State Highway 121 The Colony, TX 75056

    For Lease
    Contact for pricing

    Prime 1,000 SF Build-to-Suit Parcel

    Lot size:
    1,000 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    364
    This exceptional 1,000 square foot commercial land parcel presents a unique build-to-suit opportunity in the thriving The Colony, Texas market. Located at 5651 State Hwy 121, this single-tenant site boasts unparalleled visibility and accessibility. The property benefits from its strategic position just off Highway 121, a major thoroughfare experiencing an average daily traffic count of 50,000 vehicles. This high traffic volume ensures significant exposure for any new development. The single-level nature of the site allows for efficient design and construction, minimizing complexities and maximizing usability. The property's classification as commercial land provides flexibility for a variety of potential uses, catering to diverse business needs. Situated within the dynamic The Colony submarket, this parcel offers an ideal location for businesses seeking high visibility and convenient access to a substantial customer base. The zip code is 75056. This is a rare opportunity to establish a presence in a rapidly growing area with exceptional transportation links. The property's location offers significant advantages for businesses seeking to capitalize on the area's strong economic activity and high consumer traffic. This build-to-suit parcel is ready for your vision.

    Property Features for 5651 State Highway 121

    General Information

    Property type
    Land
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    1,000 SF

    Unit(s) available at that property

    Space
    Size
    1,000 SF

    HighLights

    • 1,000 SF build‑to‑suit commercial land parcel in The Colony, TX (75056).
    • High‑visibility location at 5651 State Hwy 121 with 50,000+ AADT.
    • Single‑level site for efficient design and construction.
    • Flexible zoning for diverse commercial uses.
    • Prime location in a rapidly growing area with strong economic activity and high consumer traffic.
    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 Spa & Massage Wholesale Shop Auto Repair Shop Hair Salon Clothing Store

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

    Location Insight

    • Map
    • Local Demand
    City
    The Colony
    County
    Denton
    State
    Texas
    Longitude
    -96.868414847101
    Latitude
    33.07664545354

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    FAQs

    What type of property is this?
    Land - Prime 1,000 SF Build-to-Suit Parcel
    Where is this land located?
    The property is located at 5651 State Highway 121 The Colony, TX.
    What are key features of this property?
    This property features: 1,000 SF build-to-suit commercial land parcel in The Colony, TX (75056).; High-visibility location at 5651 State Hwy 121 with 50,000+ AADT.; Single-level site for efficient design and construction.
    Request Owner's contact information
    5651 State Highway 121 The Colony, TX 75056
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    The Colony, TX 75056
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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
    5651 State Highway 121 The Colony, TX 75056
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