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Property profile & analytics
OFF-MARKET
Land

502 Swisher Rd Lake Dallas, TX 75065

Trust Owned 6-yr Hold
Property ID
US83-1617745
Property summary
AI-generated overview

This exceptional 218,888 square foot commercial land parcel in Lake Dallas, Texas, is priced at $1,515,000, or $6.92 per square foot. Located at 502 E Swisher Rd, 75065, this property boasts a prime location with excellent visibility and access. The site is zoned for commercial use, offering multiple approved uses, making it ideal for a variety of development projects. All utilities are readily available on-site, ensuring a seamless development process. The property benefits from its strategic position, providing convenient access via the Lake Dallas Bridge to neighboring cities like Little Elm, Frisco, and The Colony. With daily traffic counts exceeding 40,000 vehicles, this location offers significant potential for attracting customers and maximizing business exposure. The surrounding area features established neighborhoods, providing a strong and readily available customer base. This development-ready site presents a unique opportunity for investors and developers seeking a high-impact commercial property in a thriving Texas market. The property is individually owned.

Property profile
Verified
Property type Land
UPID US83-1617745
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
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CAP Approach CAP
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Owner & transaction history
Zohrehvandi,vahid T Trust · 6 yrs held
Zohrehvandi,vahid T Trust
since 2019
4 recorded transactions
2019
Price N/A
2019
Price N/A
2019
Price N/A
2017
Price N/A
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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