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Highway 121
The Colony, TX 75056

Colony Land · Land For Sale · 8.68 AC

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Investment Highlights

Located in the center of the North Texas growth corridor, one of the fastest growing areas in the U.S.
The site is just west of the 433 acre mixed-use development, Grandscape, expected to draw 8 million visitors annually.

In 2013, The Colony was named number 20 in the top 50 Best Places to Live by Money Magazine.

Executive Summary

Prime location for development of retail, entertainment uses, restaurant, hotel, office and commercial along Highway 121. Extensive frontage on Memorial Drive and only one pad lot off of SH 121, located between Main Street and Blair Oaks Drive. Only a short distance north across SH 121 from Nebraska Furniture Mart and Grandscape and just west of Top Golf. Can be subdivided or sold in its entirety. Also, available for ground lease or build-to-suit.

PROPERTY FACTS

Sale Type	Investment	Property Subtype	Commercial
No. Lots	1	Proposed Use	Commercial Retail Mixed Use Hotel
Property Type	Land	Total Lot Size	8.68 AC

Sale Type	Investment
No. Lots	1
Property Type	Land
Property Subtype	Commercial
Proposed Use	Commercial Retail Mixed Use Hotel
Total Lot Size	8.68 AC

1 Lot Available

Lot

Lot Size	8.68 AC

Lot Size	8.68 AC

Divisible to +2 acres lot size

Description

Undeveloped lot with all utilities located adjacent to the east of an existing Ross-anchored shopping center. Located north and adjacent to various retail/restaurant pad sites fronting on SH 121. Top Golf on Blair Oaks Drive is located to the east of the site. The property includes a fee-simple owned access drive to the service road of SH 121.

PROPERTY TAXES

Parcel Number	R228808	Improvements Assessment	$0
Land Assessment	$2,451,696	Total Assessment	$2,451,696

PROPERTY TAXES

Parcel Number

R228808

Land Assessment

$2,451,696

Improvements Assessment

Total Assessment

$2,451,696

zoning

Zoning Code	PD
PD

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Listing ID: 26649054
Date on Market: 6/1/2016
Last Updated:
Address: Highway 121, The Colony, TX 75056

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