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    OFF-MARKET
    Commercial real estate

    8310 Stemmons Fwy, Hickory Creek, TX 75065-7590

    5,091 SF 0.5 ac lot Built 2004
    Trust Owned 20-yr Hold Free & Clear
    Property ID
    US83-1958022
    Property summary
    AI-generated overview

    This exceptional 0.48-acre retail pad site, located at 8310 S Stemmons Fwy in Hickory Creek, Texas (zip code 75065), presents a unique investment opportunity. The property, identified by APN R268297, is currently offered for sale by owner at $575,000. This land represents a remnant of the former IHOP location, impacted by the Texas Department of Transportation's right-of-way expansion. Despite this, the site boasts a fully developed pad, ready for immediate development. Its strategic location offers unparalleled access and visibility, situated on a high-traffic corner ideal for attracting customers. The property's location within Denton County, Texas, provides access to a thriving community and strong consumer base. Given its size, existing infrastructure, and prime location, this parcel is perfectly suited for a variety of retail uses. The property's coordinates are 33.1287952 latitude and -97.0396365 longitude. Serious inquiries are encouraged to explore the potential of this exceptional retail opportunity. The property is being sold as-is.

    Property profile
    Verified
    Property type Commercial real estate
    Use group COMMERCIAL (GENERAL)
    Year built 2004
    Total area 5,091 SF
    Lot 0.5 ac (21,902 SF)
    APN R268297
    UPID US83-1958022
    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
    by Request
    Blend (final) Blend
    by Request
    Owner & transaction history
    Barkoff Family Trust · 20 yrs held
    Barkoff Family Trust
    since 2005
    7 recorded transactions
    2018
    2017
    2014
    2013
    2005
    2004
    $2.7M
    1969
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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