Property profile

0 College Pkwy Lewisville, TX 75067

OFF-MARKET
Land
7.96 ac lot
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Property summary

AI-generated overview

This exceptional 7.96-acre commercial land parcel in Lewisville, Texas, presents a prime opportunity for development. Located at the southwest corner of College Parkway and I-35E, this property boasts approximately 575 feet of frontage along College Parkway, offering excellent visibility and accessibility. The land is zoned GB, permitting a wide range of commercial uses, including retail, office, and general commercial development. Utilities, including water and wastewater, are readily available on-site. The strategic location offers significant advantages, situated behind a Walmart and Sam's Club, adjacent to a senior living community and a new townhome development, ensuring high traffic and a strong customer base. This build-to-suit opportunity is ideal for developers seeking a high return on investment or investors looking for strong cash flow potential. The asking price is $4,900,000, with land value at $20 per square foot. Owner financing is available, with down payment options ranging from 20% to 35%, or lease-to-purchase options are available for buyers without a down payment. This property offers a unique blend of location, zoning flexibility, and potential, making it an exceptional investment prospect.

Property profile

Verified
Property type Land
Lot 7.96 ac (346,738 SF)

Cap rate & NOI

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

Location

College Pkwy Lewisville, TX 75067
Lewisville metro
Google Maps

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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