Add Listing
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    The Largest CRE Database in the US with Over 1 Million Listings

    503 Bolivar Street Denton, TX 76201

    View on Map
    Claim this Listing
    New
    Loading data...
    Loading data...
    Loading data...
    For Sale
    $450,000

    Prime downtown parcel near Denton Square with flexible zoning.

    Type:Commercial
    Added:
    Apr 22, 2026
    Days on Market:
    6
    Last Refresh:
    Apr 22 at 5:19 pm

    Property Features for 503 Bolivar Street

    General Information

    Standard status
    Active
    Property subtype
    Commercial

    Building Details

    Year Built
    1948

    We can help!

    Listing Contact
    DAPHNE ZOLLINGER

    Listing agent DAPHNE ZOLLINGER

    Listing office Daphne Real Estate, LLC

    Listing date Apr 22, 2026

    Source Signaturere

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    All listing content including descriptions, pricing, images are the copyrighted material of Daphne Real Estate, LLC

    Overview

    Downtown Denton Mixed-Use Opportunity

    Located just blocks from the Denton Square, this downtown parcel presents an opportunity in a thriving market. The property is zoned for various uses, including a boutique office, retail storefront, restaurant, live/work lofts, or a bed & breakfast, due to its flexible MN zoning. The existing structure, a 1950s building previously used as a counseling center, offers the potential for owner occupancy of the entire space or leasing out 3-4 rooms as executive suites. The location is near shops, restaurants, music venues, and the Downtown Transit Center. The flexible zoning allows for office, retail, restaurant, multifamily, institutional, or hospitality use, with clear visibility from the street. The walkable district is undergoing continued revitalization through the City of Denton's DESIGN DOWNTOWN DENTON initiative. Seller financing is available.
    Location Intelligence

    Current Use by Public Records

    United Through H.O.P.E. Medical Clinic Arch Angels Funeral ... Social Service Agency Chelsey Thatcher Counselor

    Suggested Use

    Real Estate Agency Law Firm Restaurant Dental Office Spa & Massage Center Hair Salon Nail Salon Building Supply Gym & Fitness Center Pharmacy

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

    Location Insight

    • Map
    • Local Demand
    City
    Denton
    County
    Denton
    State
    Texas
    Longitude
    -97.1354896
    Latitude
    33.2182587

    Nearby Similar for Sale

    • $450,000

      Downtown Denton Flexible Use Building

      Prime downtown location near shops, restaurants, and music venues.
      503 Bolivar Street, Denton, TX 76201
      View Details
    • $799,000

      Medical Building Near Medical City

      Purpose-built medical building with exam rooms and private offices.
      3204 Colorado Boulevard, Denton, TX 76210
      View Details
    • $4,850,000

      Denton Retail Center Investment Opportunity

      Bank-owned retail center in Denton, TX with value-add potential.
      1431-1437 E McKinney Street, Denton, TX 76209
      View Details
    • $1,400,000

      Denton Commercial Property on Elm

      Prime commercial property suitable for various uses in Denton, TX.
      2801 N Elm Street, Denton, TX 76201
      View Details
    • $849,000

      Denton Office Building Near I-35

      Turnkey office building with excellent visibility and accessibility near I-35.
      638 Londonderry Lane, Denton, TX 76205
      View Details
    • $550,000
      4,095 SF

      Denton Quadruplex: Fully Leased Investment

      Fully leased quadruplex in Denton, offering immediate income potential.
      3065-3071 Olympia Drive, Denton, TX 76209
      View Details
    • $497,000

      Designer Duplex with Guest House

      Income-producing duplex or main house with guest house on half-acre.
      2012 N Locust Street, Denton, TX 76209
      View Details
    • $550,000
      4,095 SF

      Fully Leased Denton Quadruplex

      Income-producing quadruplex in Denton, fully leased and well-maintained.
      3073-3079 Olympia Drive, Denton, TX 76209
      View Details
    • $699,000

      Luxury Duplex Near Joe Skiles Park

      Luxury duplex with bonus room, ideal for living and income.
      1716-1718 Stonegate Drive, Denton, TX 76205
      View Details
    • $395,000

      Income-Generating Triplex Near Denton Square

      Three-unit property near Denton Square with immediate cash flow.
      503-507 Pearl Street, Denton, TX 76201
      View Details
    • $648,000

      Income-Producing Triplex Near Denton Square

      Three-unit property near UNT and TWU with income potential.
      1401 Bolivar Street, Denton, TX 76201
      View Details
    • $389,000

      Remodeled Duplex Near Universities

      Turnkey duplex near UNT and TWU, ideal for investors.
      806 Denton, Denton, TX 76201
      View Details

    FAQs

    What type of property is this?
    Mixed-use property - Prime downtown parcel near Denton Square with flexible zoning.
    Where is this mixed-use property located?
    The property is located at 503 Bolivar Street Denton, TX.
    What is the asking price?
    The asking price for this property is $450,000.
    What are key features of this property?
    This property features: Prime downtown location, blocks from the Denton Square; Flexible MN zoning allows for diverse uses: office, retail, restaurant, multifamily, institutional, or hospitality; Seller financing available
    We can help!
    Listing Contact
    DAPHNE ZOLLINGER
    Learn More
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    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.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    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.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    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
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!