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Property profile & analytics
OFF-MARKET
Land

2059 Fm 423 Little Elm, TX 75068

1.25 ac lot
Property ID
Property summary
AI-generated overview

This exceptional 1.25-acre commercial land parcel in Little Elm, Texas, presents a remarkable investment opportunity. Located at 2059 FM 423, this property boasts unparalleled visibility from Main Street (FM 423), ensuring maximum exposure for your business. The site benefits from its strategic position adjacent to major national retailers, including Kroger, ALDI, Starbucks, and RaceTrac, creating a high-traffic environment with a diverse customer base. Further enhancing its appeal, the property is situated near Cook Children's Pediatrics, Frisco Elm Dental, and Kiddie Academy, attracting a steady flow of families and individuals. This prime location experiences exceptionally high traffic counts exceeding 25,000 vehicles daily on both FM 423 and FM 720. The owner is open to Build-To-Suit (BTS) options, offering flexibility to customize the development to meet specific business needs. Little Elm's thriving community and strong demographics make this a highly desirable location for businesses seeking to establish or expand their presence in a vibrant and growing area. This 1.25-acre lot provides ample space for a variety of commercial ventures, making it an ideal investment for long-term growth and profitability. The property's zip code is 75068, and it is situated in Denton County.

Property profile
Verified
Property type Land
Lot 1.25 ac (54,450 SF)
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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