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Property profile & analytics
OFF-MARKET
Land

0 Swc Preston Rd And Hickory St Frisco, TX 75034

1.09 ac lot
Property ID
Property summary
AI-generated overview

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.

Property profile
Verified
Property type Land
Lot 1.09 ac (47,480 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
AI Approach AI
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CAP Approach CAP
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Comparable Approach Comparable
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Blend (final) Blend
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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