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Property profile & analytics
OFF-MARKET
Freestanding property

5101 State Highway 121 The Colony, TX 75056

10,100 SF Built 2015
Entity Owned 5-yr Hold
Property ID
US83-2056912
Property summary
AI-generated overview

This exceptional 10,100 square foot freestanding retail building, constructed in 2015, is ideally situated at 5101 State Hwy 121 in The Colony, Denton County, Texas, zip code 75056. The property offers a unique opportunity for multiple tenants, with a significant portion currently available for lease. A substantial 3,690 square feet of vacant space is ready for immediate occupancy, providing ample room for expansion or a new business venture. The building's prime location on Highway 121 ensures high visibility and accessibility, attracting a large volume of potential customers. The property's modern construction and versatile layout make it suitable for a wide range of retail uses. This is an excellent chance to secure a prominent retail presence in a thriving Texas community. The building's total area is 10,100 square feet, offering significant potential for growth and development. Its strategic location in Denton County, combined with its modern design and readily available space, presents a compelling investment opportunity. The property is classified as a multi-tenant retail building, providing flexibility for various business models. Interested parties are encouraged to inquire about lease terms and conditions. The property's coordinates are 33.0700965 latitude and -96.8818398 longitude.

Property profile
Verified
Property type Freestanding property
Year built 2015
Total area 10,100 SF
UPID US83-2056912
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
AI Approach AI
by Request
CAP Approach CAP
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Comparable Approach Comparable
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Blend (final) Blend
by Request
Owner & transaction history
Colony 121 Properties LLC · 5 yrs held
Colony 121 Properties LLC
since 2021
1 recorded transaction
2021
Price N/A
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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