Corner Retail Building with
222 W Parkway Street Denton, TX 76201
222 W Parkway Street, Denton, TX, 76201
$450,000
For Sale
$450,000
SINGLE_FAMILY - Denton, TX
Property Size1,470 SF
Lot Size0.05 Acres
Price / SF$306.12
Days on Market27
Property Features for 222 W Parkway Street
General Information
- Property type
- Residential
- Property subtype
- Office
- Standard status
- Active
- APN
- R26874
- Lot size
- 0.05 Acres
Taxes and HOA fees
- Tax Description
- LACY ADDN BLK 3 LOT 9(E54') ACRES .0545
- Tax Annual Amount
- 1315
Utilities
- Sewer type
- Public Sewer
- Heating system
- Central
- Cooling system
- Central Air
- Water source
- Public
Building Details
- Year built
- 1958
- Floors in Building
- 1
- Number of units
- 3
- Flooring type
- Carpet, Tile
- Building materials
- Concrete
- Roof type
- Flat
Listing Agency
INC Realty, LLC
(972) 351-1095
Denton, TX
Listed by
Melissa Cooper · License #0743420
(972) 351-1095
Added: Jun 25 Updated: Jul 17 at 12:58 am Checked: Jul 21 at 3:06 am
MLS# 21287074
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.
Investment Insights
Based on property information with market context.
222 W Parkway Street is a corner-lot commercial building with direct frontage on W Parkway Street. The property includes large storefront windows designed to bring natural light into the space and offers front parking for customer access.
The building is currently configured for multiple tenants, creating flexibility for an investor or an owner-user. It also offers convenient access to I-35 & 380 and is near the University of North Texas and Texas Woman’s University.
Set among established businesses, restaurants, entertainment venues, and surrounding residential neighborhoods, the property provides a street-facing retail presence with a configuration suitable for a range of tenancy plans.
The building is currently configured for multiple tenants, creating flexibility for an investor or an owner-user. It also offers convenient access to I-35 & 380 and is near the University of North Texas and Texas Woman’s University.
Set among established businesses, restaurants, entertainment venues, and surrounding residential neighborhoods, the property provides a street-facing retail presence with a configuration suitable for a range of tenancy plans.
Key Highlights
- Approximately 1,470‑SF commercial building built in 1958
- Corner lot with direct frontage on W Parkway Street and large storefront windows
- Currently configured for multiple tenants
Local 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 | $39.7k | $27.00 |
| − Vacancy | −$8.9k | −$6.08 |
| EGI | $30.8k | $20.93 |
| − OpEx | −$7.7k | −$5.23 |
| NOI | $23.1k | $15.69 |
1,470 SF · lease $27.00/SF/yr · vacancy 22.50% · expense 25.00%
Alternative Uses
Best Use
Office B
$329.6K
$288.4K – $384.5K
NOI $23,070 @ 7.0% cap · market cap 5.13%
Second Best
Retail
$307.6K
$269.2K – $358.9K
NOI $21,535 @ 7.0% cap · market cap 4.79%
Theoretical Best
Office A
$459.3K
$401.9K – $535.8K
NOI $32,149 @ 7.0% cap · market cap 7.14%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Office Units
Similar For Sale Nearby
FAQs
What type of property is this?
Office units - Corner lot retail building with direct W Parkway Street frontage, storefront windows, and front parking, configured for multiple tenants.
Where is this office units located?
The property is located at 222 W Parkway 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: Approximately 1,470‑SF commercial building built in 1958; Corner lot with direct frontage on W Parkway Street and large storefront windows; Currently configured for multiple tenants
