See all 3 photos
$7,575,000
Est. payment /mo
13.85 Acres Lot
New
0 LEBANON Frisco, TX 75035
UPDATED:
11/01/2024 03:17 PM
Key Details
Property Type Vacant Land
Sub Type Unimproved Land
Listing Status Active
Purchase Type For Sale
MLS Listing ID 20768114
HOA Y/N None
Lot Size 13.850 Acres
Acres 13.85
Property 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.
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.
Location
State TX
County Collin
Zoning 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 such as Medical Office, Professional Office, Day Care, and more.
Direction Driving West on Lebanon Rd the Site will be on your right.
Exterior
Utilities Available City Sewer, City Water
Garage No
Building
Lot Description Acreage
Schools
Elementary Schools Comstock
Middle Schools Staley
High Schools Frisco
School District Frisco Isd
Others
Restrictions None
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Listed by Jordan Cortez • Vanguard Real Estsate Advisors