For Sale
$499,000

2198 Oak Grove PkwyLittle Elm, TX 75068

Prime Commercial Lot, High Visibility

Overview

Added:
Dec 11, 2024
Days on market:
121
This exceptional 0.581-acre commercial and industrial land parcel is ideally situated on the southern corner of Hill Lane and Oak Grove Parkway (FM-720) in Little Elm, Texas, zip code 75068. The property boasts a high-traffic location, with FM-720 experiencing 24,770 vehicles per day, according to TXDoT data. Zoned for Light Commercial use, this lot presents a significant opportunity for developers and investors. All utilities are readily available. An adjacent Ace Hardware development is currently underway, further enhancing the area's commercial appeal. The property includes 3,746 square feet pending right-of-way for Hill Lane, resulting in a total buildable area of approximately 29,055 square feet. The asking price is $499,000, translating to $858,864 per acre. Little Elm's thriving demographics, with a population of 977,281 and a median household income of $96,265 (per U.S. Government data), underscore the strong investment potential of this high-visibility location. This prime corner lot offers unparalleled exposure and is surrounded by a mix of commercial and residential developments, making it an attractive proposition for a variety of commercial ventures. The property's strategic location and high traffic count make it an ideal site for businesses seeking maximum visibility and accessibility.

Highlights

  • $499,000 asking price for 0.581-acre commercial/industrial land parcel.
  • Light Commercial zoning.
  • Located at the high-traffic corner of Hill Ln. and Oak Grove Pkwy (FM-720) in Little Elm, TX, with 24,770 vehicles per day (VPD).
  • Adjacent to an ongoing Ace Hardware development.
  • All utilities available.

Property Details for 2198 Oak Grove Pkwy

Property type
Land, Industrial properties
Lot Size (sq. ft)
25,308 SF

Location Insight

City
Little Elm
County
Denton
State
Texas
Latitude
33.167591045657
Longitude
-96.976540994737
2198 Oak Grove Pkwy, Little Elm, Texas

FAQs

What type of property is this?
Land - Prime Commercial Lot, High Visibility
Where is the land located?
The property is located at 2198 Oak Grove Pkwy Little Elm, TX.
What is the asking price?
The asking price for this property is $499,000.
What are key features of this property?
This property features: $499,000 asking price for 0.581-acre commercial/industrial land parcel.; Light Commercial zoning.; Located at the high-traffic corner of Hill Ln. and Oak Grove Pkwy (FM-720) in Little Elm, TX, with 24,770 vehicles per day (VPD).
How can I contact the broker?
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2198 Oak Grove Pkwy
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