Property profile

475 State Highway 121 Lewisville, TX 75067

OFF-MARKET
Land
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Property summary

AI-generated overview

This exceptional 0.5-acre commercial land parcel, known as Village Crossing Pad Site, presents a unique investment opportunity in Denton County. Zoned for retail use, this property offers significant flexibility for developers seeking a prime location for a variety of commercial ventures. The site boasts a single existing building, providing potential for redevelopment or adaptive reuse. While the minimum divisible square footage is zero, allowing for complete customization, the maximum contiguous square footage is 21,780 square feet, offering ample space for a substantial development. The property's multiple tenancy designation suggests potential for a mixed-use development or a multi-tenant retail center. Its location in Denton County provides access to a thriving market and strong demographics. This is an ideal opportunity for businesses seeking high visibility and convenient access to a dense population base. The existing building, while not detailed further, presents an additional element of potential for the right investor. The 0.5-acre lot size is perfectly suited for a variety of retail concepts, from smaller boutique shops to larger anchor stores. This property's versatility and prime location make it a highly attractive investment prospect. Serious inquiries are encouraged to explore the full potential of this exceptional commercial land offering.

Property profile

Verified
Property type Land

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Hair Salon Nail Salon
  • Hair Salon
  • Hair Salon
  • Hair Salon
  • Hair Salon Nail Salon

Location

475 State Highway 121 Lewisville, TX 75067
Lewisville metro
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Value estimations

Realmo proprietary · 4 methods
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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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