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0 Nwq Lebanon & Preston Rd Frisco, TX 75035

OFF-MARKET Land Google Maps
Estimated value
No estimation on file for this property yet.
Property ID

Property summary

AI-generated overview

This exceptional offering presents two tracts of raw commercial land totaling approximately 4.5 acres, strategically positioned at the northwest quadrant of the intersection of Lebanon and Preston Roads in Frisco, Texas. The property is zoned for commercial use, providing significant development potential. Its highly accessible location is a key advantage, situated approximately one mile east of the Dallas North Tollway and just over one mile north of the Sam Rayburn Tollway, ensuring high visibility and convenient access for businesses and customers. The area boasts strong traffic generators, including nearby Walgreens, Whataburger, and BB&T, among others, contributing to a vibrant and thriving commercial environment. Frisco's designation as one of the fastest-growing cities in America (per the US Census Bureau) further underscores the investment potential of this property. The tracts are divisible, and all utilities are available on-site, simplifying the development process and reducing potential hurdles. This presents a unique opportunity to capitalize on the robust growth and commercial activity in this desirable Frisco location. The property's size and location make it ideal for a variety of commercial developments.

Property profile

Verified
Property type Land

Cap rate & NOI

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

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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