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4000 West University Dr, Denton, TX 76207

Existing professional office building suited for construction or equipment rental and sales use, with future development potential on-site.

Property Size3,747 SF
Price / SF$373.63
Days on Market497

Property Features for 4000 West University Dr

General Information

Standard status Active
Size 3,747 SF
Property subtype OFFICE
Listing Agency: Stag Commercial
Listed By: John Withers · License #557920
Source: Moodyscre
Added: Mar 22, 2025 Changed: Jul 26 Last Checked: Jul 30 at 9:34AM

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 Stag Commercial

Investment Insights

Based on property information with market context.

This offering includes an existing professional office building along with the surrounding land. The current building layout supports office use and is described as well-suited for a construction office or an equipment rental and sales office.

The property is located at 4000 West University Dr in Denton, Texas, and is positioned as a site for continued growth and development. The seller’s remarks indicate suitability for future development including professional office, medical, or residential uses. Prospective buyers can evaluate the existing improvements alongside the development opportunity the site presents.

Key Highlights

  • Existing professional office building suited for construction office and equipment rental/sales office use
  • On‑site building is described as ideal for construction office or equipment rental and sales office
  • Property is identified as a future development site for professional office, medical, or residential development

Financial Insights For Office B

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 $101.2k $27.00
− Vacancy −$22.8k −$6.08
EGI $78.4k $20.93
− OpEx −$19.6k −$5.23
NOI $58.8k $15.69
3,747 SF · lease $27.00/SF/yr · vacancy 22.50% · expense 25.00%

Alternative Uses

Best Use
Office B
$840.1K
$735.1K – $980.1K (±1% cap)
NOI $58,804 @ 7.0% cap · market cap 4.20%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$1.17M
$1.02M – $1.37M (±1% cap)
NOI $81,948 @ 7.0% cap · market cap 5.85%
Zoning and permitted uses should be independently verified with authorities.

Property Analytics

Current Use

Mossy Oak Properties ... Real Estate Agency

Suggested Use

Top Pick Plumbing Service (Bike/Boat/Book/etc) Store Furniture & Home Goods Parking Lot & Garage Bakery Electrical Service

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

1,016
Businesses Nearby

Demographics for 76207, TX

16,097
Population
7,657
Households
2.1
Avg Household Size
41
Median Age
45%
College-Educated
93%
High-School Grad
40.3 sq mi
ZIP Area
399
Density / Sq Mi
$91,026
Median Household Income
$41,830
Median Earnings
$1,654
Median Rent
$361,400
Median Home Value

Market

Vacancy Rate% for Office in South region

14.4% 2019
16.4% 2020
17.3% 2021
18% 2022
18.6% 2023
20.3% 2024
20.2% 2025
Rey
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

Frequently Asked Questions

What type of property is this?
Office building - Existing professional office building suited for construction or equipment rental and sales use, with future development potential on-site.
Where is this office building located?
The property is located at 4000 West University Dr Denton, TX.
What is the asking price?
The asking price for this property is $1,400,000.
What are key features of this property?
This property features: Existing professional office building suited for construction office and equipment rental/sales office use; On‑site building is described as ideal for construction office or equipment rental and sales office; Property is identified as a future development site for professional office, medical, or residential development
(940) 390-6235 Call to check price and availability
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