Argyle Sec Fm 407 & Avalon Blvd Argyle, TX 76226
This exceptional 6.25-acre parcel, located at the intersection of FM 407 and Avalon Boulevard in Argyle, Texas (zip code 76226), presents a unique opportunity for commercial development. Zoned PD (Planned Development) for "Community Retail," this property boasts 343 feet of frontage along FM 407, offering excellent visibility and accessibility. The site is divisible into pads, making it ideal for multiple tenants or a larger-scale development. Infrastructure improvements are underway, with an internal roundabout and roadways scheduled for completion in the second quarter of 2024. Utilities will be stubbed to each pad, and the seller will deliver a rough-graded pad ready for construction. A Fast Lane Car Wash is commencing construction in Spring 2024, with a projected opening in Spring 2025, further enhancing the site's appeal and attracting significant traffic. This property is situated in the rapidly growing Denton County market, offering exceptional potential for investors and developers seeking a prime retail location. The property's location in Argyle, Texas, provides access to a thriving community and strong demographics. This is a rare opportunity to acquire a well-positioned, ready-to-develop retail site in a high-demand area.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.