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Property profile & analytics
OFF-MARKET
Land

475 State Highway 121 Lewisville, TX 75067

0.5 ac lot
Property ID
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
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
  • Glow Spa By Karla Mendoza Hair Salon Nail Salon
  • Lashes & More Hair Salon
  • Shear Magnolias Hair Salon
  • Colorful Creations By Chelsea LLC Hair Salon
  • Glow and Blush by Mina Hair Salon Nail Salon
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
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CAP Approach CAP
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Comparable Approach Comparable
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Blend (final) Blend
by Request
Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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