214-454-0128
1199 S Mill St, Lewisville, TX for Sale
Hospitality - FOR SALE
1/4
null | Request Cap Rate

1199 S Mill St
Lewisville, TX 75057
Lewisville/Flower Mound


HIGHLIGHTS

  • High-visibility location with strong traffic counts from I-35E and 121-Business.
  • Flexible GB zoning supporting a wide variety of high-demand commercial uses.
  • Positioned in a fast-growing corridor with ongoing city-led infrastructure expansion.
  • Surrounded by established national brands and dense residential neighborhoods.

OVERVIEW

This commercial land offering at 1199 South Mill Street presents a rare opportunity to secure a highly visible development site in one of Lewisville’s most rapidly expanding corridors. Positioned along South Mill Street with direct connectivity to I-35E and HWY 121-Business, the property benefits from exceptional traffic counts, prominent frontage, and seamless regional access. Zoned GB (General Business), the site supports a wide range of commercial uses, including QSR with drive-thru, medical, retail, fuel, hospitality, or multi-tenant concepts, making it an adaptable investment for both developers and end users. The surrounding area continues to see substantial municipal reinvestment, infrastructure improvements, and sustained population growth, strengthening long-term demand for high-quality commercial amenities. Nearby national retailers and dense residential neighborhoods reinforce the site’s viability for immediate development. Planned enhancements to Mill Street and the adjacent Old Town design elements further elevate the property’s visibility and long-term positioning. With strong demographics, expanding employment centers, and regional connectivity between Dallas, Denton, and the northern Metroplex, this ±1.95-acre tract is poised to deliver compelling value for investors seeking a strategic foothold in North Texas’ growth trajectory

FOR SALE DETAILS

PRICE

Request Info for Price

# OF ROOMS

10

CAP RATE

Request Cap Rate

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

I-35E & HWY 121-Business

PROPERTY TYPE

Hospitality

TOTAL BUILDING SIZE

-

STORIES

1

ROOM ENTRANCE

Exterior

BUILDING CLASS

C

YEAR BUILT

1990

PARKING SPACES

49

LAND DETAILS

LAND ACRES

1.94 AC

LAND SF

84,506 SF

ZONING

General Business

APN/PARCEL ID

R19809

ASK ABOUT THIS PROPERTY

Marty NeilonCBRE, Inc.More Info
214-454-0128

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Marty NeilonCBRE, Inc.More Info
214-454-0128

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.