Current Use by Public Records
- ECHO Suites Extended Stay by Wyndham Dallas Plano/Frisco / Hotel & Motel / Vacation Rental
Property Details for 9020 Rasor Blvd
- Lot size
- 2.94 lot acres
- Property type
- Land
Description
This exceptional 2.94-acre commercial land parcel presents a unique ground lease opportunity in a prime Plano, Texas location. Situated at the intersection of Highway 121 and Rasor Boulevard, this property boasts excellent visibility and convenient access to major thoroughfares. The site is strategically located in an affluent area, proximate to the upscale Stonebriar Centre mall, ensuring high traffic volume and strong consumer demographics. The single-tenant zoning allows for a variety of development options, making it ideal for businesses seeking a high-profile location. Furthermore, this land parcel benefits from its adjacency to a planned hotel development, creating a synergistic environment and enhancing its long-term value. Multiple pad sites are available, offering flexibility for development and potential for increased revenue streams. This is an exceptional opportunity for investors and developers seeking a high-impact commercial property in a thriving market. The property's size and location make it an attractive investment for businesses seeking a prominent presence in a densely populated and affluent area. The ground lease structure offers flexibility and potential cost savings for developers. Don't miss this chance to secure a piece of prime real estate in one of Plano's most desirable locations. This property is ready for immediate development.
Value Estimations
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AI approach
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Plano
- County
- Denton
- State
- Texas
- Longitude
- -96.7882
- Latitude
- 33.103
