Fm 720 Oak Point, TX 75068
- Land
- 0.98 lot acres
Current Use by Public Records
- Land
Property Details for 0 Fm 720
- Lot size
- 0.98 lot acres
- Property type
- Land
Description
This exceptional 0.98-acre commercial land parcel presents a unique investment opportunity in the thriving Oak Point, Texas market. Located on FM 720 in Denton County, zip code 75068, this property boasts a strategic location with high visibility and accessibility. The land is zoned for Retail/Commercial use, offering a wide array of potential development options. The suggested uses include, but are not limited to, a florist, bakery, religious facility, bar/brewpub, dry cleaners, animal clinic, animal kennel, fitness center, liquor store, pet shop, pharmacy, restaurant, or building materials and hardware sales. The land's value is $14.50 per square foot. This property benefits from an additional 0.591 acres of Texas Department of Transportation (TXDOT) land that has been surrendered and will be incorporated into the parcel in the near future, increasing the overall size and value of the property. This represents a significant opportunity for developers and investors seeking a prime location in a rapidly growing area. The property's coordinates are 33.1928335 latitude and -96.9767217 longitude. This is a rare chance to acquire a well-situated commercial lot with considerable potential for future growth and profitability. Don't miss this chance to secure your place in Oak Point's vibrant commercial landscape.
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Oak Point
- County
- Denton
- State
- Texas
- Longitude
- -96.9767
- Latitude
- 33.1928
