Property profile

5150 Paige Rd The Colony, TX 75056

OFF-MARKET
Specialty properties
Property ID
US83-2132217
7,000 SF 0.59 ac lot
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Property summary

AI-generated overview

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

Verified
Property type Specialty properties
Total area 7,000 SF
Lot 0.59 ac (25,700 SF)
UPID US83-2132217

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

5150 Paige Rd The Colony, TX 75056
The Colony metro
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Value estimations

Realmo proprietary · 4 methods
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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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