Property profile

475 State Highway 121 Lewisville, TX 75067

OFF-MARKET
Land
0.5 ac lot
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Property summary

AI-generated overview

This exceptional 0.5-acre commercial land parcel presents a remarkable opportunity for retail development in the thriving city of Lewisville, Texas. Located at 475 State Hwy. 121, this property boasts a highly visible location with excellent access to a major thoroughfare, ensuring significant exposure for any future business. The permitted zoning is specifically designated for retail use, streamlining the development process and minimizing potential delays. The single building allowance offers flexibility in design and construction, allowing for a customized approach to meet specific business needs. Situated in Denton County, this property benefits from the robust economic growth and strong demographics of the Lewisville area. The convenient location provides easy access to a large and diverse customer base, making it an ideal site for a variety of retail ventures. With its strategic location, zoning compliance, and ample space, this 0.5-acre lot represents a compelling investment opportunity for those seeking a prime location to establish a successful retail presence. The property's address is 475 State Hwy. 121, Lewisville, TX 75067. This is a multi-tenancy property. The coordinates are 32.9923798 latitude and -96.9782503 longitude.

Property profile

Verified
Property type Land
Lot 0.5 ac (21,780 SF)

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Hair Salon Nail Salon
  • Hair Salon
  • Hair Salon
  • Hair Salon
  • Hair Salon Nail Salon

Location

475 State Highway 121 Lewisville, TX 75067
Lewisville metro
Google Maps

Value estimations

Realmo proprietary · 4 methods
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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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