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INVESTMENT HIGHLIGHTS
- High Traffic Area: 34,739 VPD on FM 720 and 9,694 VPD on McCormick Rd.
- Flexible Leasing: Experienced developer willing to build-to-suit.
- Growing Community: Strong demographics with high average household income.
- Prime Location: Adjacent to new McDonald's and Starbucks.
- Permit-Ready: Approved by city for Montessori School with completed architectural plans.
- Retail Synergy: Surrounded by popular retailers like CVS and Dunkin' Donuts.
EXECUTIVE SUMMARY
Permit-Ready with Completed Architectural Plans.
PROPERTY FACTS
| Sale Type | Investment or Owner User | Property Subtype | Commercial |
| No. Lots | 1 | Proposed Use | |
| Property Type | Land | Total Lot Size | 2.41 AC |
| Zoning | PD - Planned Development | ||
| Sale Type | Investment or Owner User |
| No. Lots | 1 |
| Property Type | Land |
| Property Subtype | Commercial |
| Proposed Use | |
| Total Lot Size | 2.41 AC |
| Zoning | PD - Planned Development |
1 LOT AVAILABLE
Lot
| Lot Size | 2.41 AC |
| Lot Size | 2.41 AC |
Montessori School approved by City. Permit-Ready with Completed Architectural Plans.
DESCRIPTION
Prime development opportunity in Oak Point, TX! This 2.41-acre lot is strategically located behind a brand-new McDonald's and a multi-tenant strip center featuring Starbucks, 7-Eleven, CVS, and Dunkin' Donuts. The site offers high visibility and accessibility, with a traffic count of 34,739 VPD on FM 720 and 9,694 VPD on McCormick Road. The experienced developer is willing to build-to-suit, making this an ideal location for businesses looking to capitalize on the growing area adjacent to Little Elm. Additionally, the property is permit-ready with completed architectural plans and has city approval for a Montessori School, enhancing its development potential. Oak Point is a thriving community with a strong demographic profile, including a 5-mile radius population of 132,629 and an average household income of $128,411. Nearby residential developments, such as Wild Ridge and Woodridge Estates, add to the area's appeal. This lot is perfect for retail, office, or medical use, with flexible leasing options available.
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2956 W FM 720
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