755 State Highway 121 Lewisville, TX 75057
This 1.23-acre (53,753 square foot) commercial land parcel is located at 755 State Hwy 121 in Lewisville, Texas, zip code 75057. The property boasts excellent freeway visibility and easy access, making it an ideal location for a variety of commercial uses. It is zoned Light Industrial (LI), permitting retail, office, and light industrial development. The site benefits from its proximity to major retail centers, including Vista Ridge Mall, Costco, BJ's Brewhouse, Buffalo Wild Wings, Best Buy, and LA Fitness. Furthermore, it's within walking distance of nine limited-service hotels. A significant advantage is the approximately $1,750 in additional monthly income generated through a neighboring parking easement. The asking price for this exceptional property is $1,050,000. This presents a unique opportunity to acquire a strategically located commercial lot with substantial income potential in a thriving area of Denton County.
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Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.