0 Fm 720 Oak Point, TX 75068
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.
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
Similar Nearby for Lease
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.