1535 E Eldorado Pkwy Little Elm, TX 75068
This exceptional 4.449-acre commercial land parcel presents a unique development opportunity in Little Elm, Texas. Strategically located at 1535 E Eldorado Pkwy, zip code 75068, in Denton County, this property is ideally situated for various commercial uses. Its prime location is bordered by Castleridge Drive to the west, E Eldorado Parkway to the south, and Winfield Drive to the east. The site boasts a private drive approach off E Eldorado Parkway at the southeast corner. Adding to its appeal, a 3,300 square foot residential property is included in the sale. This parcel represents a key component for assemblage with neighboring properties, which have recently undergone rezoning. Specifically, the parcel to the north has been rezoned for duplex development, while the parcel to the east has been rezoned for multi-family use. A retail strip is conveniently located at the southeast corner, further enhancing the property's commercial viability. This is the final piece needed to complete the assemblage of the remaining unimproved parcels in this thriving area, making it an exceptional investment opportunity for developers seeking a prime location with significant potential. The property's location offers excellent visibility and accessibility, making it an attractive proposition for a wide range of commercial ventures.
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
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.