8653 First St Frisco, TX 75034
This exceptional 0.213-acre development site presents a prime opportunity in Downtown Frisco's vibrant West Character Area, as defined within the Downtown Frisco Master Plan Redevelopment Zone. Adjacent to the modernized Jack Hamilton Park (formerly First Street Park), this property is ideally situated for mixed-use development, accommodating both commercial and residential uses per its OTC zoning. The location offers easy access to Frisco Square and the historic downtown, serving as a key gateway. This area, encompassing the Heritage Center and Silos site, is earmarked for significant redevelopment, envisioning a "Design District" with one-to-two-story buildings supporting innovation, restaurants, retail, open space, and public art. The site's strategic location within the rapidly growing North Platinum Corridor, north of Dallas, benefits from Frisco's thriving business environment, attracting corporate relocations, expansions, and entrepreneurs. Detailed zoning information, survey, and maps are available for due diligence. Contact the City of Frisco development services for all development and construction-related inquiries. The address is 8653 First St, Frisco, TX 75034, in Collin County.
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
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
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Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.