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$399,000

NAL Estimated Property Value

0 Elm, Frisco, TX, 75034

Off MarketInfo

About this property

PRIME development opportunity in the booming Frisco Rail District. There is MAJOR investment within these few blocks of downtown Frisco. Millions estimated in new private projects alone which include restaurants, breweries, office, retail. A multi million dollar city improvement package for a new downtown plaza and new Elm street improvement project about to get underway. Elm street will get 76 on street parking spots, wide sidewalks, and streetlights. This lot is 7250 sq ft w new survey, zoned OTC. Ideal for a new development to include office, retail or mixed use w 2nd floor residential. 1 block from two large development projects called Patios At The Rail And Tower At the Rail. Adjacent corner .32 acre lot is also for sale listed by different broker, so a great opportunity to buy both for a larger project. Contact city of Frisco development services for all questions about developing and construction. Architecture and building standards are required in OTC.

Investor Tools

Property Icon
$399,000
Estimated Property Value
$0Estimated Mortgage Balance
$399,000Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
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Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,394 /month
Positive
Cash Flow Estimate:
$798 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$X/month
No HOA
5.947%

City: Frisco

0 Elm | Property Details | No Agent List