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    1431-1437 E Mckinney St Denton, TX 76209

    For Sale
    $6,400,000

    Retail - Denton, TX

    Type:Retail
    Lot size:
    6.11 Acres
    Days on Market:
    12
    Last Refresh:
    Dec 5 at 12:06 am

    Property Features for 1431-1437 E Mckinney St

    General Information

    Property type
    Commercial Sale
    Property subtype
    Retail
    Standard status
    Active
    APN
    767401
    Parking features
    Off Street, On Street, Parking Lot
    Lot size
    6.11 Acres

    Utilities

    Heating system
    Other (Heating)

    Building Details

    Year built
    2019
    Flooring type
    Concrete
    Building materials
    Frame, Stone, Stucco
    Roof type
    Built-Up
    Architectural style
    Other

    ERA STEVE COOK AND COMPANY (903) 786-3355

    Listing agent Steve Cook (903) 786-3355 License #0173324

    Listing date Nov 24, 2025

    MLS# 21104206 Listing URL

    Copyright © 2025 North Texas Real Estate Information Systems, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Denton Retail Investment Opportunity

    This bank-owned retail center, located in Denton, TX, presents an investment opportunity. The property, with a stone and stucco exterior, contains 28,698 square feet on 3.65 acres, plus an additional 2.46 acres. As of June 2025, the property is 46% occupied, providing immediate income with potential for increased value through leasing and development. The property is located in a high-traffic commercial area near the Denton Courts Complex, restaurants, and local businesses. The location could be suitable for an Hourly Attorney's Center, serving attorneys at the Denton Courts. The property is a potential candidate for an IRS §1031 Tax-Deferred Exchange. The land is located within a Federally Designated Opportunity Zone, offering long-term tax incentives, including potential deferral of capital gains tax, reduction of deferred gain depending on the holding period, and permanent exclusion of additional gains from Opportunity Zone tax benefits if held for 10 years or longer. The property is suitable for value-add, long-term investors, or 1031 exchange buyers.
    Location Intelligence

    Current Use by Public Records

    Strip malls

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Building Supply Gym & Fitness

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Denton
    County
    Denton
    State
    Texas
    Longitude
    -97.11496
    Latitude
    33.216521

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    FAQs

    What type of property is this?
    Strip mall - Bank-owned retail center in Denton, TX, with value-add potential.
    Where is this strip mall located?
    The property is located at 1431-1437 E Mckinney St Denton, TX.
    What is the asking price?
    The asking price for this property is $6,400,000.
    What are key features of this property?
    This property features: - Located in a Federally Designated Opportunity Zone, offering significant long-term tax incentives.; - Bank-owned property offered at $6,400,000, presenting a value-add opportunity.; - Eligible as a candidate for an IRS §1031 Tax-Deferred Exchange.
    (903) 786-3355
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    1431-1437 E Mckinney St Denton, TX 76209
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