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    Retail Development Site with Flexible Shell Title is generated by Realmo AI

    212 N Austin Avenue, Denison, TX 75020

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    Claim this Listing
    For Sale
    $399,000

    COMMERCIAL - Denison, TX

    Property size:
    1,400 SF
    Lot size:
    0.49 Acres
    Price / SF:
    $285/SF
    Added:
    Jun 4, 2026
    Days on Market:
    27
    Last Refresh:
    Jun 30 at 9:06 am

    Property Features for 212 N Austin Avenue

    General Information

    Property type
    Commercial Sale
    Property subtype
    Other
    Parking features
    Alley
    Standard status
    Active
    APN
    143062
    Size
    1,400 SF
    Lot size
    0.49 Acres

    Taxes and HOA fees

    Tax Description
    OTP DENISON, BLOCK 39, LOT 6 AND 7 AND THE E
    Tax Annual Amount
    5063

    Utilities

    Sewer type
    Public Sewer
    Water source
    Public

    Building Details

    Year built
    1965
    Floors in Building
    1
    Number of units
    1
    Flooring type
    Concrete
    Building materials
    Brick
    Roof type
    Shingle

    We can help!

    Contact an agent
    Justin Holland

    Listing agent Justin Holland License #0560450

    Listing office Legacy & Co. Real Estate LLC Rockwall, TX

    Listing date Jun 4, 2026

    MLS# 21268992

    Copyright © 2026 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.

    HighLights

    • 21,000 SF hard‑corner development site with frontage on Austin Avenue
    • Daily traffic count exceeding 6,400 vehicles on Austin Avenue (per remarks)
    • Two blocks from Main Street (per remarks)
    • Building features a flexible interior shell; exterior built with brick and shingle roofing
    • Concrete flooring and alley parking
    • Utilities: public water and public sewer

    Overview

    This for-sale development site includes a flexible interior shell building designed to support a wide range of high-traffic concepts. The property sits on a hard corner and presents a blank-canvas opportunity where an operator or developer can tailor the interior to the intended use, whether retail, a destination coffee shop, or a creative studio.

    The location is positioned for strong exposure, with high-impact visibility on Austin Avenue and a reported daily traffic count exceeding 6,400 vehicles. It is also described as being just two blocks from Main Street in Denison, placing it in close proximity to the downtown core.

    For investors, the asset is positioned to balance immediate adaptability with long-term land value in a walkable downtown setting. For tenants and operators, the flexible shell format can help streamline buildout planning for a flagship retail boutique, café concept, or creative-use offering that benefits from prominent downtown visibility.

    Local Financial Insights For Specialty Retail

    Simulate Cap Rate and NOI

    NOI Build-Up
    Vacancy
    income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
    EGI (Effective Gross Income)
    gross rent minus vacancy losses — the realistic income before paying operating costs.
    OpEx (Operating Expenses)
    recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
    NOI (Net Operating Income)
    income a property generates after operating costs but before financing and taxes.

    Component $ $/SF
    Gross rent $34.9k $24.96
    − Vacancy −$1.7k −$1.25
    EGI $33.2k $23.71
    − OpEx −$8.3k −$5.93
    NOI $24.9k $17.78
    1,400 SF · lease $24.96/SF/yr · vacancy 5.00% · expense 25.00%

    Alternative Uses

    Best Use
    Specialty Retail
    $355.7K
    $311.2K – $415.0K (±1% cap)
    NOI $24,898 @ 7.0% cap · market cap 6.24%
    Second Best
    Office B
    $334.5K
    $292.7K – $390.3K (±1% cap)
    NOI $23,418 @ 7.0% cap · market cap 5.87%
    Theoretical Best
    Hotel Hospitality
    $718.2K
    $628.4K – $837.9K (±1% cap)
    NOI $50,274 @ 7.0% cap · market cap 12.60%
    Zoning and permitted uses should be independently verified with local authorities.
    Property Profile Location Intelligence

    Current Use by Public Records

    Storefront properties

    Suggested Use

    Restaurant Real Estate Agency Law Firm Building Supply Spa & Massage Center Dental Office Big Box & Wholesale Store Hair Salon Auto Repair Shop Nail Salon

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

    Similar Places Nearby

    • Judy's — 430 w woodard st, denison, tx 75020

    Location Insight

    • Map
    • Local Demand
    City
    Denison
    County
    Grayson
    State
    Texas
    Longitude
    -96.536409
    Latitude
    33.757091

    FAQs

    What type of property is this?
    Storefront property - Hard-corner retail land with an adaptable interior shell, positioned for high visibility along a major downtown avenue.
    Where is this storefront property located?
    The property is located at 212 N Austin Avenue Denison, TX.
    What is the asking price?
    The asking price for this property is $399,000.
    What are key features of this property?
    This property features: 21,000 SF hard‑corner development site with frontage on Austin Avenue; Daily traffic count exceeding 6,400 vehicles on Austin Avenue (per remarks); Two blocks from Main Street (per remarks)
    More about this property
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