Current Use by Public Records
- Strip malls
Property Details for 4562 State Highway 121
- Lot size
- 9.73 lot acres
- Property type
- Strip malls
- Property subtype
- Shopping centers
Description
This exceptional 9.725-acre commercial land parcel in Plano, Texas, presents a remarkable mixed-use development opportunity. Strategically located at 4562 State Hwy 121 in Collin County, zip code 75024, this property boasts unparalleled visibility and accessibility. The site is zoned for commercial use and offers several distinct pad sites ideal for various retail or commercial ventures. A 3.510-acre pad site is available fronting State Highway 121, while a 2.297-acre pad site fronts Rasor Boulevard. An additional 3.948-acre interior pad site also presents development possibilities. The property benefits from its high-traffic location along SH-121 (Sam Rayburn Tollway), providing excellent visibility and convenient access to major thoroughfares, including the Dallas North Tollway and US Highway 75. Furthermore, its proximity to established retail destinations such as Stonebriar Center, Legacy West, The Shops at Legacy, and The Star enhances its desirability. A planned residential development of 98 homes is slated for construction in the second quarter of 2024, further increasing the area's appeal and potential for synergistic growth. This prime location offers significant potential for investors seeking a high-impact commercial development project in a thriving Texas market. Contact us for pricing and detailed information.
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
- Collin
- State
- Texas
- Longitude
- -96.7887
- Latitude
- 33.1032
