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2956 W FM 720

2.41 Acres of Commercial Land in Little Elm, TX 75068

Investment Highlights

  • High Traffic Area: 34,739 VPD on FM 720 and 9,694 VPD on McCormick Rd.
  • Flexible Leasing: Experienced developer willing to build-to-suit.
  • Growing Community: Strong demographics with high average household income.
  • Prime Location: Adjacent to new McDonald's and Starbucks.
  • Permit-Ready: Approved by city for Montessori School with completed architectural plans.
  • Retail Synergy: Surrounded by popular retailers like CVS and Dunkin' Donuts.

Executive Summary

Montessori School approved by City.
Permit-Ready with Completed Architectural Plans.

Property Facts

Sale Type Investment or Owner User
No. Lots 1
Property Type Land
Property Subtype Commercial
Proposed Use
Commercial
  • Retail
Total Lot Size 2.41 AC

1 Lot Available

Lot

Lot Size 2.41 AC

Montessori School approved by City. Permit-Ready with Completed Architectural Plans.

Description

Prime development opportunity in Oak Point, TX! This 2.41-acre lot is strategically located behind a brand-new McDonald's and a multi-tenant strip center featuring Starbucks, 7-Eleven, CVS, and Dunkin' Donuts. The site offers high visibility and accessibility, with a traffic count of 34,739 VPD on FM 720 and 9,694 VPD on McCormick Road. The experienced developer is willing to build-to-suit, making this an ideal location for businesses looking to capitalize on the growing area adjacent to Little Elm. Additionally, the property is permit-ready with completed architectural plans and has city approval for a Montessori School, enhancing its development potential. Oak Point is a thriving community with a strong demographic profile, including a 5-mile radius population of 132,629 and an average household income of $128,411. Nearby residential developments, such as Wild Ridge and Woodridge Estates, add to the area's appeal. This lot is perfect for retail, office, or medical use, with flexible leasing options available.

  • Listing ID: 30938245

  • Date on Market: 2/12/2024

  • Last Updated:

  • Address: 2956 W FM 720, Little Elm, TX 75068

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