Property profile

8244 Fm 423 Frisco, TX 75036

OFF-MARKET
Retail properties & Spaces
Property ID
US83-2047572
7,000 SF
Entity Owned 4-yr Hold
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Property summary

AI-generated overview

This exceptional 7,000 square foot retail property, located at 8244 FM 423 in Frisco, Texas (zip code 75036), presents a unique leasing opportunity. Situated at the intersection of FM 423 and Stonebrook Parkway, this C-1 zoned property boasts high visibility and accessibility, benefiting from a daily traffic volume exceeding 50,000 vehicles. Currently, 2,270 square feet of space is immediately available, representing a minimum divisible unit. The property's flexible zoning allows for a variety of uses, including retail, medical, fitness, or office spaces. The building's total area is 7,000 square feet, offering potential for expansion or consolidation depending on tenant needs. Located in the desirable Frisco submarket of Denton County, this property benefits from a strong demographic profile. This prime location offers excellent exposure and access to a thriving community, making it an ideal choice for businesses seeking a high-traffic, easily accessible location in the heart of Frisco. The property is zoned C-1, providing flexibility for a range of commercial uses. Don't miss this chance to establish your business in a vibrant and growing area.

Property profile

Verified
Property type Retail properties & Spaces
Total area 7,000 SF
UPID US83-2047572

Cap rate & NOI

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

Current use

Occupant on record · Public records
  • Restaurant
  • Take-out & Catering
  • Restaurant
  • Restaurant

Location

8244 Fm 423 Frisco, TX 75036
Frisco metro
Google Maps

Value estimations

Realmo proprietary · 4 methods
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Owner & transaction history

since 2022
5 recorded transactions
2022
Price N/A
2020
Price N/A
2017
Price N/A
2017
Price N/A
2017
Price N/A

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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