NWQ Lebanon Rd & State Highway 121 - Commercial LAND FOR SALE


Frisco, TX 75035 603,306 SF
$7,575,000 USD
214-556-1951
NWQ Lebanon Rd & State Highway 121, Frisco, TX for Sale
$7,575,000 USD
Commercial LAND - FOR SALE
1/3
603,306 SF

NWQ Lebanon Rd & State Highway 121
Frisco, TX 75035


HIGHLIGHTS

  • The Site is located at the NWQ of Lebanon Road and Sam Rayburn Tollway, which has an average daily traffic count over 100,000 vehicles per day.
  • State Highway 121 (Sam Rayburn Tollway) has been dubbed the “Innovation Corridor,” attracting companies and developers from across the country.
  • The Site is currently zoned Planned Development 154 with a base zoning of Office-1 (O-1) District.
  • According to the 2022 U.S. Census Bureau, Frisco has a population of approximately 232,424.
  • Within a mile of the Site, the Median Household Income exceeds $158,000 and the Median Net Worth is $582,591.
  • The Site is less than half a mile west of the intersection of Sam Rayburn Tollway and Custer Road, which boasts numerous national retailers.

OVERVIEW

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.

FOR SALE DETAILS

PRICE

$7,575,000 USD

PRICE/ACRE

$546,931/AC

PRICE/SF

$13 USD /SF

# OF LOTS

-

LAND DETAILS

PROPERTY NAME

13.85+/- Acre Commercial Development Site

PROPERTY TYPE

Land

PROPERTY SUBTYPE

Commercial

LAND PROPOSED USE

Commercial

LAND ACRES

13.85 AC

LAND SF

603,306 SF

OFFSITE IMPROVEMENTS

Sewer, Water

ZONING

PD-154

APN/PARCEL ID

2857533

ASK ABOUT THIS PROPERTY

Jordan CortezVanguard Real Estate AdvisorsMore Info
214-556-1951

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Jordan CortezVanguard Real Estate AdvisorsMore Info
214-556-1951

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.