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4108 E University Drive

Denton, TX 76208
  • $5,500,000
  • STATUS: Active
  • ON SITE: 579 Days
  • MLS #: 14446847
UPDATED: 33 min ago
$5,500,000
  • 0
    BEDS
  • 8.53
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
  • 71,138
    SQFT
  • $77
    $/SQFT
Neighborhood:
Type:
Commercial
Built:
1954
County:
Area:

School Ratings & Info

Offered by Carlos Galvan of United Real Estate.

Description

Outstanding multi-use, commercial property entirely facing the premiere US Hwy 380 corridor which is currently experiencing dynamic, diverse commercial development stretching from Denton to Collin County. The Denton vendor market includes an operational tire dealership and auto & truck leasing and sales enterprise. Property has great potential for future site for apartment community, retail, or public storage facility. Presently, the market is producing positive cashflow from rents for weekend sales booths and approximately 300 parking spaces. It has been officially reported that a new construction housing community will be built on adjoining acreage (South) within the next 2 years. Call agent for financials.

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© 2022 North Texas Real Estate Information Systems. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or Russell Realty Group - KW McKinney. The data relating to real estate for sale or lease on this web site comes in part from NTREIS. Real estate listings held by brokerage firms other than Russell Realty Group - KW McKinney are marked with the NTREIS logo or an abbreviated logo and detailed information about them includes the name of the listing broker. Data last updated 2022-06-28T17:41:23.623.
www.russellhouses.com/homes/112204082
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4108 E University Drive Denton, TX 76208

  • Price: $5,500,000
  • Status: Active
  • On Site: 579 Days
  • Updated: 33 min ago
  • MLS #: 14446847
0
Beds
0
Baths
0
½ Baths
8.53
Acres
71,138
SQFT
$77
$/SQFT
1954
Built
Neighborhood:
M Forrest
County:
Denton
Area:
Denton
Property Description
Outstanding multi-use, commercial property entirely facing the premiere US Hwy 380 corridor which is currently experiencing dynamic, diverse commercial development stretching from Denton to Collin County. The Denton vendor market includes an operational tire dealership and auto & truck leasing and sales enterprise. Property has great potential for future site for apartment community, retail, or public storage facility. Presently, the market is producing positive cashflow from rents for weekend sales booths and approximately 300 parking spaces. It has been officially reported that a new construction housing community will be built on adjoining acreage (South) within the next 2 years. Call agent for financials.
Exterior Features

Construction Materials Walls Texture Foundation Pillar/Post/Pier Lot Description Sloped Lot Dimensions Metes And Bounds Lot Size Source Assessor Open Parking Spaces 0 Parking Or Garage Open Road Frontage Type Highway Roof Concrete

Interior Features

Ceiling Height 8 To10 Feet Commercial Features Other Cooling None Flooring Ceramic TileVinyl Garage No Heating None Sq Ft Gross 371567

Property Features

Auction No Barns1 0 Building Area Source Assessor Building Area Total 71138.00 Building Use AutomotiveOtherStorage Warehouse Business Name Bus incl Bus Tenants Construction Status Preowned Exclusions Bpp Of Tenants At Car DealershipTire ShopAnd Flea Market Vendor Storage Areas And Spaces. Gross Annual Expenses 1.00 Gross Annual Income 1.00 List MLSProvider Metrotex Association Of Realtors Listing Terms Cash Multi Zoning No Municipal Utility District No Net Operation Income 1 Operating Expense Includes InsuranceMaintenanceOtherParkingPayrollNew TaxUtilities Owner Pays ElectricityGasInsuranceOtherTaxes Possession Closing/Funding Property Attached No Property Type Mixed Use Tenant Pays Insurance Transaction Includes BusinessLand & ImprovementsOther Utilities AsphaltConcreteCurbsOverhead Utilities Will Subdivide No Zoning Res-Nec

North Texas Real Estate Information Systems MLS logo Listing information © 2022 North Texas Real Estate Information System.


© 2022 North Texas Real Estate Information Systems. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or Russell Realty Group - KW McKinney. The data relating to real estate for sale or lease on this web site comes in part from NTREIS. Real estate listings held by brokerage firms other than Russell Realty Group - KW McKinney are marked with the NTREIS logo or an abbreviated logo and detailed information about them includes the name of the listing broker. Data last updated 2022-06-28T17:41:23.623.
 
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Russell Realty Group - KW McKinney
201 W Virginia St Suite 100
McKinney TX, 75069
Offered by Carlos Galvan of United Real Estate.