1118 State Highway 121 Lewisville, TX 75057
This exceptional 1.09-acre property presents a unique investment opportunity for businesses seeking high visibility and convenient access. Located at 1118 E State Highway 121 in Lewisville, Texas, this lot is zoned for light industrial use and boasts a strategic location within a rapidly growing industrial area. The property benefits from its high-traffic location, with over 80,000 vehicles passing daily, ensuring maximum exposure for any business operating from this site. A key advantage is the median split directly in front of the lot, providing easy and immediate access for customers and employees. This feature significantly enhances the property's appeal and functionality, making it ideal for businesses requiring high visibility and convenient ingress/egress. The property's size and location offer significant potential for development and expansion, making it an attractive option for a variety of industrial uses. The asking price is $785,000. This is a rare opportunity to acquire a highly visible and accessible industrial lot in a thriving Texas market. Serious inquiries are encouraged.
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
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.