6627 HALF ELM STREET, FRISCO, TX 75034

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6627 Half Elm Street

Frisco, TX 75034

Status of the property has changed, please contact for details

List Price$175,000

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Listing #21062123

Commercial

Type

About This Property

Commercial Development Opportunity in Frisco's Revitalized Rail District This small interior lot in the redeveloping Frisco Rail District presents an excellent opportunity for commercial development. Located just two blocks from Main Street, the property is zoned Original Town Commercial - OTC and has all necessary utilities in place. The City of Frisco is investing over $70 million in the Rail District redevelopment project, which is scheduled for completion in mid-2026. This large-scale effort includes: Wider sidewalks and decorative pavers to enhance walkability. A new public parking garage to accommodate increased traffic. A new 4th Street Plaza to serve as a public gathering space for community events. This significant public investment, coupled with initiatives like the Frisco Rail District Reinvestment Grant Program, creates a compelling opportunity for equity-based growth. For instance, the median home price in the downtown Frisco 75034 area has increased from $499,000 to $865,000 in the last five years, demonstrating the substantial equity gains already being realized in the area. This lot is ideal for a variety of commercial ventures. A live-work studio residence, with an office or retail space, is just one example of a use that provides added value as the old downtown redevelops. This property is perfect for investors looking to rent, stabilize, and sell or developers following the traditional develop and sell model, taking advantage of the area's ongoing transformation to attract a vibrant daytime and nighttime economy.

Property Features

Location Information

County

Collin

Subdivision

Frisco Original Donation

Interior Features

Has Fireplace

No

Exterior Features

Water / Sewer

Sewer Available, Water Available

Zoning

Commerical

Utilities

Sewer Available, Water Available

Road Description

City Street

Lot Description

Cleared, Interior Lot, Few Trees

Is One Story

No

Lot Size in Acres

0.075

Lot Description

Cleared, Interior Lot, Few Trees

Lot Size in Sq. Ft.

3,267

Additional Information

Year Built Details

Unknown

Status

Active

Property Type

COM

Tax Annual Amount

2468.0

Property SubType

Unimproved Land

Lot Acres Source

Public Records

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Mortgage Calculator

$815

per month

30 Year Fixed. 3.52% Interest Rate.

Principal + Interest

$630

Monthly Tax

$145

Monthly Insurance

$40

yrs

%

$

$

Based on a fully amortized fixed rate loan. Ask your agent for the tax rates in your area. Insurance estimate is based on an average cost, your final premium cost will be determined by the type of coverage you select. This program only provides an estimate.

Schools

Walk Score

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