Property summary
This exceptional 7,000 square foot commercial property, located at 5150 Paige Rd in The Colony, Texas (zip code 75056), presents a unique investment opportunity. Situated on a 0.59-acre lot in Denton County, this single-building property is ideally suited for a variety of uses. Its zoning allows for operation as a daycare/nursery, traditional office space, or restaurant, offering significant flexibility for potential buyers. The property's prime location within The Colony, a thriving suburb in the Dallas-Fort Worth metroplex, provides excellent access to a large and diverse customer base. The Colony's strategic position, approximately 20 miles northwest of downtown Dallas and 20 miles northeast of downtown Fort Worth, ensures high visibility and convenient access to major transportation arteries. Furthermore, the property benefits from its proximity to Gradscape, a vibrant mixed-use development featuring retail, dining, entertainment, and hospitality options, creating a synergistic environment for business growth and attracting a steady stream of potential customers. This versatile property offers a compelling combination of location, size, and zoning flexibility, making it an attractive prospect for discerning investors seeking a strong return on investment in a dynamic and rapidly growing market. The property's adaptability to multiple commercial uses ensures a wide range of potential buyers and tenants.
Property profile
VerifiedCap rate & NOI
Location
Value estimations
Owner & transaction history
Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
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Value estimation
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from $99/month
Cap rate
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from $99/month
Property description
Physical attributes from public recordsZoning & alternative use
Zoning
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No zoning code is on file for this parcel. Zoning coverage grows with every catalog release — check back, or open Location Intelligence for use analysis of this corner.
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