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    State Highway 121 Byp Lewisville, TX 75067

    For Sale
    Contact for pricing

    4.84 Acres Commercial/Industrial Land

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    366
    This exceptional 4.84-acre commercial and industrial land parcel presents a compelling investment opportunity in the thriving Lewisville, Texas market. Strategically located north of SH-121 (Sam Rayburn Tollroad) and west of MacArthur Boulevard, this property offers unparalleled accessibility. Convenient access is provided via both the Highway 121 service road and Highland Drive, ensuring seamless connectivity to the surrounding area. Situated in Denton County, with a zip code of 75067, the property benefits from its proximity to major employment centers, transportation arteries, residential communities, and entertainment venues. The ample land area and favorable zoning regulations create a versatile platform for a wide range of development projects, catering to the needs of investors and developers alike. This prime location within an established corridor promises significant potential for growth and return on investment. The property's coordinates are 32.99070362287491 latitude and -96.98317829228313 longitude. This is a rare opportunity to acquire a substantial land holding in a high-demand area of Lewisville, Texas. The property's size and location make it ideal for a variety of commercial or industrial uses.

    Property Features for 0 State Highway 121 Byp

    General Information

    Property type
    Land
    Lot Size
    210,830 SF

    HighLights

    • 4.84‑acre commercial/industrial land parcel in Lewisville, TX.
    • Excellent access via SH‑121 service road and Highland Drive.
    • Located in Denton County, zip code 75067, near major employment, transportation, and residential areas.
    • Versatile zoning allows for diverse development projects.
    • Prime location in high‑demand area offers significant growth potential.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Lewisville
    County
    Denton
    State
    Texas
    Longitude
    -96.983178292283
    Latitude
    32.990703622875

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    FAQs

    What type of property is this?
    Land - 4.84 Acres Commercial/Industrial Land
    Where is this land located?
    The property is located at State Highway 121 Byp Lewisville, TX.
    What are key features of this property?
    This property features: 4.84-acre commercial/industrial land parcel in Lewisville, TX.; Excellent access via SH-121 service road and Highland Drive.; Located in Denton County, zip code 75067, near major employment, transportation, and residential areas.
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    Lewisville, TX 75067
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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
    State Highway 121 Byp Lewisville, TX 75067
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