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Property profile

764 Hebron Pkwy Lewisville, TX 75057

OFF-MARKET
Retail properties & Spaces
62,726 SF 1.44 ac lot
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Property summary

AI-generated overview

This exceptional retail pad site, totaling 62,726 square feet on 1.44 acres, presents a unique investment opportunity in the thriving Lewisville, Texas market. Located at 764 Hebron Parkway in Denton County, zip code 75057, this single-tenant property is zoned "GB" (General Business) and boasts a highly desirable location bordering Lewisville and Carrollton. The site benefits from exceptional visibility and accessibility, situated just a block from the heavily trafficked Interstate 35E. An existing access drive and curb cut from Hebron Parkway are already in place, simplifying development and minimizing upfront costs. The property's strategic location is further enhanced by its proximity to over 3,000 multi-family units, ensuring a substantial and readily available customer base. This site is surrounded by a strong retail presence, including established businesses such as Jack in the Box, Taco Casa, Jason's Deli, 7-Eleven, Raising Cane's, and a future Panda Express location. This prime location and existing infrastructure make this pad site ideal for a variety of retail uses, offering significant potential for growth and return on investment. The property's size and zoning provide ample flexibility for development, catering to a wide range of retail concepts.

Property profile

Verified
Property type Retail properties & Spaces
Total area 62,726 SF
Lot 1.44 ac (62,726 SF)

Cap rate & NOI

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

Location

764 Hebron Pkwy Lewisville, TX 75057
Lewisville 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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