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    870 N Mayhill Rd Denton, TX 76208

    For Sale
    $999,999

    Unimproved Land - Denton, TX

    Type:Unimproved Land
    Lot size:
    3.50 Acres
    Days on Market:
    92
    Last Refresh:
    Dec 9 at 11:06 pm

    Property Features for 870 N Mayhill Rd

    General Information

    Property type
    Commercial Sale
    Property subtype
    Unimproved Land
    Standard status
    Active
    APN
    R126411
    Lot size
    3.50 Acres

    Utilities

    Heating system
    None (Heating)

    Building Details

    Year built
    2009
    Building materials
    Metal Siding
    Architectural style
    Other

    The Michael Group, LLC (214) 692-6400 [email protected]

    Listing agent Charles Horton (817) 577-9000 License #0546099

    Listing date Sep 9, 2025

    MLS# 20242899 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 Land with Redevelopment Potential

    This property features 3.5 acres of flat land suitable for expansion or redevelopment. It includes four metal warehouses, each with two grade-level doors. One building is currently rented for $2000 per month on a month-to-month lease. Approximately 2 acres are enclosed by a screened fence behind the buildings. The property has a water well, and city water is available at the street. The expansion of North Mayhill Road has recently been completed. Located in a high-growth area, the property is in close proximity to downtown Denton. The land value is estimated at $357,000 per acre.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Commercial land

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Spa & Massage Dental Office Wholesale Shop Hair Salon Auto Repair Shop Clothing Store

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

    Location Insight

    • Map
    • Local Demand
    City
    Denton
    County
    Denton
    State
    Texas
    Longitude
    -97.082438
    Latitude
    33.222575

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    FAQs

    What type of property is this?
    Commercial land - 3.5 acres of land suitable for expansion or redevelopment.
    Where is this commercial land located?
    The property is located at 870 N Mayhill Rd Denton, TX.
    What is the asking price?
    The asking price for this property is $999,999.
    What are key features of this property?
    This property features: - 3. 5 Acre Lot Ideal for Expansion or Redevelopment; - High Growth Area with Recently Expanded and Improved Mayhill Road; - Four 1200 SF Metal Warehouses Included
    (817) 577-9000
    Request Owner's contact information
    870 N Mayhill Rd Denton, TX 76208
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    Denton, TX 76208
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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
    870 N Mayhill Rd Denton, TX 76208
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