0 Nwc Us 380 & Teel Pkwy Frisco, TX 75078
This exceptional commercial land parcel, situated at the Northwest corner of US 380 and Teel Parkway in Prosper, Texas (zip code 75078), presents a unique investment opportunity. The property boasts a lot size ranging from 1.093 to 1.38 acres, zoned PD-40 within Denton County. Currently, three retail spaces are available for development on this prime location. The address is officially listed as NWC US 380 & Teel Parkway, though the city is Prosper, and the property benefits from its proximity to Frisco, a rapidly growing area experiencing significant commercial and residential expansion. This strategic location along Highway 380 places the property at the heart of this dynamic market. The property type is designated as Retail and Land, offering flexibility for various commercial ventures. The multiple tenancy designation suggests potential for diverse business development. While the total building square footage is currently zero, this reflects the land's potential for new construction, making it ideal for developers seeking to capitalize on the area's growth trajectory. The property's location offers excellent visibility and accessibility, making it an attractive proposition for businesses seeking a high-traffic location in a thriving community.
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
Similar Nearby for Lease
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.