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.
MLS# | 20768114 |
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Listing Type | For Sale |
Sub-Type | Resale |
Status | Pending |
Days On Site | 11 |
Listing Provided By | Vanguard Real Estsate Advisors | Jordan Cortez |
Zoning | The Site is currently zoned in a |
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Acreage | 13.85 |
State | TX |
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County | Collin |
City | Frisco |
Zip Code | 75035 |
Area | Collin |
School District | Frisco ISD |
Elementary School | Comstock |
Middle School | Staley |
High School | Frisco |
Listing VS Median (in 75035) | |
Price: $7,575,000 low | high Med: $496,000 On Site: 11 low | high Med: 59.500000 |