Vanguard Real Estate Advisors (“VREA”) has been exclusively retained by Ownership to offer developers and investors the opportunity to purchase 13.85+/- acres (the “Site”) located along Lebanon Road less than 100 feet north of the Sam Rayburn Tollway (State Highway 121) in Frisco, TX. The Site is currently zoned in a Planned Development with a base zoning of Office-1 (O-1) District which allows for a multitude of uses. At a price of only $12.56 per Square Foot, this is an excellent value for an entitled site in one of the strongest growth markets in North Texas; this pricing is below a recent appraisal completed by CBRE in September 2024.
A co-broker fee of $75,000 is available to a Broker that sources a Principal that VREA has not previously contacted in any format or sent information to regarding this opportunity.