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Property profile

1001 Fm-740 Blvd Forney, TX 75126

OFF-MARKET
Retail properties & Spaces
4,883 SF 0.78 ac lot Built 2021
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Property summary

AI-generated overview

This exceptional 4,883-square-foot retail-office building presents a remarkable investment opportunity in the rapidly expanding city of Forney, Texas. Located on a 0.78-acre lot at 1001 Fm-740 Boulevard, this property offers significant potential for both owner-occupiers and investors seeking a flexible space. Currently offered as shell space, the building boasts an open floor plan, allowing for complete customization to suit diverse business needs. Utilities are already in place, simplifying the build-out process and minimizing upfront costs. The property's four entrances provide the flexibility to divide the space into multiple suites for leasing, generating substantial rental income, or to develop it as a single, expansive unit. Its strategic location, just two miles from Highway 80, ensures excellent accessibility and high visibility. Furthermore, its adjacency to the expansive 1,500-acre Travis Ranch master-planned community positions it within a rapidly growing residential area, guaranteeing a robust customer base. This prime location in one of the nation's fastest-growing counties makes this a truly exceptional investment opportunity. The asking price is $1,875,000.

Property profile

Verified
Property type Retail properties & Spaces
Year built 2021
Total area 4,883 SF
Lot 0.78 ac (33,977 SF)

Cap rate & NOI

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

Location

1001 Fm-740 Blvd Forney, TX 75126
Forney metro
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Value estimations

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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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