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    OFF-MARKET
    Day care centers

    5150 Paige Rd, The Colony, TX 75056

    7,000 SF 0.59 ac lot
    Property ID
    US83-2132217
    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 Day care centers
    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
    Implied cap rate, NOI & suggested price
    Cap vs submarket · NOI estimate · 3 price anchors
    Value estimations
    Realmo proprietary · 4 methods
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    Owner & transaction history
    Owner on record
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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