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- LoopNet Team
NWQ Lebanon Rd & State Highway 121
Frisco, TX 75035
Land For Sale · 13.85 AC
INVESTMENT 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.
- The Site is currently zoned Planned Development 154 with a base zoning of Office-1 (O-1) District.
- Within a mile of the Site, the Median Household Income exceeds $158,000 and the Median Net Worth is $582,591.
- State Highway 121 (Sam Rayburn Tollway) has been dubbed the “Innovation Corridor,” attracting companies and developers from across the country.
- According to the 2022 U.S. Census Bureau, Frisco has a population of approximately 232,424.
- The Site is less than half a mile west of the intersection of Sam Rayburn Tollway and Custer Road, which boasts numerous national retailers.
PROPERTY FACTS
| Property Type | Land | Proposed Use | Commercial |
| Property Subtype | Commercial | Total Lot Size | 13.85 AC |
| Property Type | Land |
| Property Subtype | Commercial |
| Proposed Use | Commercial |
| Total Lot Size | 13.85 AC |
DESCRIPTION
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.
PROPERTY TAXES
| Parcel Number | R-6053-000-0021-1 | Improvements Assessment | $0 |
| Land Assessment | $2,396 | Total Assessment | $2,396 |
PROPERTY TAXES
ZONING
| Zoning Code | PD-154 (Planned Development) |
| PD-154 (Planned Development) |
