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Property Details:

County or Parish
Denton
Lot Size
1 to < 3 Acres
Lot Size (Acres)
1.0400
Lot Size Area
1.0400
Lot Size (Square Feet)
45302.4000
Association Type
None
Restrictions
No Known Restriction(s)
Zoning Description
General Business

School Information:

School District
Lewisville ISD
Elementary School
Southridge
Middle School
Marshall Durham
High School
Lewisville

Exterior Information:

Lot Features
Acreage,Cleared,Undivided
Lot Size
1 to < 3 Acres
Acres
1.0400
Waterfront
No

Farm and Ranch Info:

Barns Count
0

Map

Flood information: FEMA National Flood Hazard Layer (NFHL). Coverage varies; no shading does not mean no flood risk. This map is informational, not an official flood determination for insurance or lending. Verify current maps at the FEMA Map Service Center.

MLS 21231640

614 S Edmonds Lane

Lewisville, Texas
$799,000
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Type: Land
Shovel-Ready 1.04-Acre Indoor Sports Facility Site - Lewisville, TX Skip the 12-18 month entitlement process. All civil and building permits are approved and in hand on this fully permitted, construction-ready parcel just off I-35 in one of DFW's strongest suburban submarkets. Zoned General Business and surrounded by established retail, commercial, and dense residential, this site is entitled for a 16,000 SF indoor sports facility accommodating pickleball, padel, golf, and fitness — saving a buyer significant soft costs and eliminating the single biggest risk in development: entitlement uncertainty. Location Advantage No Competitor Can Replicate - Central Lewisville positions this facility directly adjacent to Lewisville High School (4,162 students), two middle schools, and the LISD Learning Center — a built-in pipeline for youth programming, after-school leagues, and family memberships no competitor is positioned to capture. The average pickleball player is now 35 years old, matching the median age and income profile of surrounding neighborhoods. The opportunity isn't to enter an empty market — it's to own the best-located site in one that's already proven. Site Entitlement Specifications 16,000 SF, 25-29 ft clear height, 8-month build time Parking: 32 on-site plus up to 15 additional via adjacent lease at $1.88 per space per month Utilities: All available — service letters in hand Financial Highlights *Seller Financing Available* Purchase Price Improvement: $799,000 - With $510K down on a $2.55M Total project; Proforma at Stabilization: $256K approx. annual income, 17.7% approx. Cash-on-Cash Return, $3.65M approx. value at a 7% cap rate Own and operate or build and lease — all permits, utility letters, and proforma available upon request.
Active
Listed by: Michael Smith
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