0 Swc Preston Rd And Hickory St Frisco, TX 75034
This exceptional 1.09-acre commercial land parcel is ideally situated at the southwest corner of Preston Road and Hickory Street in Frisco, Texas (75034). Zoned for retail use within PD 51, this property presents a unique opportunity for immediate development. The site is "shovel ready," meaning utilities are in place and ready for connection. This includes readily available electric, gas, water, storm drainage, and sewer connections. The property boasts excellent visibility and accessibility due to its location on major thoroughfares. A significant advantage is the high traffic count on Preston Road, averaging 43,224 vehicles daily, ensuring substantial exposure for any retail development. While this listing focuses on the 1.09-acre parcel (Lot 7), it's important to note that this is part of a larger development with additional pad sites available ranging from 0.86 acres to 1.55 acres. The site is connected to a detention pond, addressing crucial infrastructure needs. This is a turnkey opportunity for developers seeking a prime location in a thriving Frisco market. The property is located in Denton County.
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
Similar Nearby for Sale
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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.