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Commercial Land with Highway Frontage
For Sale
$989,250

5024 E University Drive, Denton, TX 76208

Land, Denton, TX

Property SizeContact for details
Lot Size1.00 Acre
Days on Market46

Property Features for 5024 E University Drive

General Information

Property type Land
Property subtype Other
Zoning description LIGHT INDUSTRIAL, OFFICE, RETAIL
Subdivision Texas 380 RV Add
Lot features Acreage, City Lot
Elementary school Hodge
Middle school Rodriguez
High school Denton
Elementary school district Denton ISD
Middle school district Denton ISD
High school district Denton ISD
Directions Head toward Audra Ln. Turn L onto Prominence Pkwy. Turn L onto N Mayhill Rd. Keep right to continue toward US-377 S US-380 W. Turn right onto US-377 S US-380 W. Destination on the right.
Standard status Active
APN R1005411
Lot size 1.00 Acre

Taxes and HOA fees

Tax Description TEXAS 380 RV ADDITION BLK A LOT 2 (25% IN C05
Tax Annual Amount 1060
Legal Description TEXAS 380 RV ADDITION BLK A LOT 2 (25% IN C05

Utilities

Utilities Propane
Sewer type Private Sewer, Aerobic Septic

Building Details

Year built 1986
Listing Agency: Lund Realty
Listed By: Olga Lund · License #0605798
Added: Jul 16 Changed: Aug 27 Last Checked: Aug 30 at 9:06PM
MLS# 21330285

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.

This 1-acre commercial land parcel at 5024 E University Drive includes two direct access drives and approximately 230 feet along Highway 380. The site is described as suitable for multi-use commercial development, including light industrial, contractor, retail, office, and storage applications, with room for vehicles and equipment. Utilities include propane, aerobic septic, and private sewer service.

Highway 380 traffic is reported at approximately 46,166 vehicles per day. The property is about 2 minutes from Walmart, Lowe’s, Future HEB, Target, Starbucks, McDonald’s, CVS, and other major retailers. It is also approximately 8 minutes from Downtown Denton, 10 miles from PGA of America Frisco Headquarters, 20 minutes from Prosper and Frisco, 10 minutes from Little Elm, and 50 minutes from Dallas and Fort Worth.

Key Highlights

  • 1‑acre commercial land parcel on Highway 380
  • Approximately 230 feet of Highway 380 frontage
  • Two direct access drives

Property Analytics

Current Use

Commercial land

Suggested Use

Top Pick Electrical Service Storage Facility (Bike/Boat/Book/etc) Store Garden Center Real Estate Agency Kitchen & Bath Showroom

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

Lease Details

46,166 VPD
Traffic count
Yes
Highway access
Yes
Paved road access

Location Intelligence

Trade Area within ½ mile

98
Businesses Nearby

Demographics for 76208, TX

27,084
Population
9,440
Households
2.9
Avg Household Size
35
Median Age
35%
College-Educated
90%
High-School Grad
27.4 sq mi
ZIP Area
988
Density / Sq Mi
$90,833
Median Household Income
$46,843
Median Earnings
$1,591
Median Rent
$358,000
Median Home Value

Market

Vacancy Rate% for Industrial in South region

6% 2019
6.5% 2020
4% 2021
3.5% 2022
6% 2023
7.6% 2024
7.9% 2025
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Commercial land - Multi-use commercial land offers two access drives and space for vehicles and equipment.
Where is this commercial land located?
The property is located at 5024 E University Drive Denton, TX.
What is the asking price?
The asking price for this property is $989,250.
What are key features of this property?
This property features: 1‑acre commercial land parcel on Highway 380; Approximately 230 feet of Highway 380 frontage; Two direct access drives
More about this property
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