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Property profile

Argyle Sec Fm 407 & Avalon Blvd Argyle, TX 76226

OFF-MARKET
Land
6.25 ac lot
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Property summary

AI-generated overview

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.

Property profile

Verified
Property type Land
Lot 6.25 ac (272,250 SF)

Cap rate & NOI

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

Location

Argyle Sec Fm 407 & Avalon Blvd Argyle, TX 76226
Argyle metro
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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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