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.