Property profile

2229 N Carroll Blvd Denton, TX 76201

FOR SALE
Specialty properties
Property ID
US83-1860690
Built 1969
Entity Owned 6-yr Hold
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Property summary

AI-generated overview

Prime Redevelopment Opportunity in the Heart of Denton - 53,000 SF Facility on 5 Acres Welcome to 2229 N Carroll Blvd - an exceptional and rare opportunity to acquire a 53,000 square footage facility situated on approximately 5 acres of land in one of Denton’s most accessible and desirable locations. Formerly operated as a nursing home, this expansive property offers 101 private bedrooms, multiple large dining areas, and over 20 administrative or flex-use offices. The existing infrastructure presents a versatile canvas with endless potential for adaptive reuse or redevelopment. The structure’s layout and square footage allow for seamless conversion or reconfiguration to suit a wide variety of uses, including but not limited to: Multifamily housing or student housing Boutique hotel or short-term rental suites Wellness or retreat center Corporate or government training facility Co-living space, shelter, or community resource center The property's generous acreage provides room for ample parking, green spaces, or future expansion, while the building’s interior structure allows flexibility for remodeling and redesign to meet your project’s needs. With proximity to downtown Denton, major roadways, and UNT or TWU campuses, this location combines convenience, scale, and vision all in one investment. Whether you’re a developer, institution, or visionary entrepreneur, 2229 N Carroll Blvd is a blank slate with boundless opportunity. Bring your ideas and unlock the full potential of this Denton landmark. bikeScore: 51, Bikeable walkScore: 52, Somewhat Walkable transitScore: 22, Minimal Transit

Property profile

Verified
Property type Specialty properties
Year built 1969
UPID US83-1860690

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Medical Clinic
  • Medical Clinic
  • Rehabilitation Center Assisted Living Facility
  • Physician

Location

2229 N Carroll Blvd Denton, TX 76201
Denton metro
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
by Request

Owner & transaction history

since 2019
1 recorded transaction
2019
Price N/A

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
More about this property
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