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    108 Locust St Denton, TX 76201

    For Sale
    $1,400,000

    0.21-acre lot, ideal for development. High-traffic location.

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    365
    This exceptional 0.21-acre commercial land parcel, located at 108 N Locust St. in Denton, Texas, presents a unique investment opportunity. Situated within the Denton Square District overlay zoning, this property offers significant potential for a variety of commercial developments. The lot's address is 108 N Locust St., Denton, TX 76201, and its precise coordinates are 33.2149367 latitude and -97.1321099 longitude. The property is zoned for commercial use, allowing for diverse development options. The asking price for this highly desirable land is $1,400,000. The property consists of one lot and is categorized as multi-tenancy land. While the square footage of existing buildings is zero, the 0.21-acre size provides ample space for new construction. This prime location within the vibrant Denton Square District offers excellent visibility and accessibility, making it an attractive proposition for businesses seeking a prominent presence in a thriving Texas city. The property's location in Denton County ensures easy access to major transportation routes and a strong local economy. This is a rare opportunity to acquire a strategically located commercial land parcel in a rapidly growing area. Don't miss out on this chance to build your commercial vision in the heart of Denton.

    Property Features for 108 Locust St

    General Information

    Property type
    Land
    Lot Size
    9,148 SF

    Building Details

    Buildings
    1

    HighLights

    • 0.21‑acre commercial lot in Denton, TX's Denton Square District.
    • Located at 108 N Locust St., Denton, TX 76201 (33.2149367, -97.1321099).
    • Zoned for commercial use, ideal for new construction.
    • Asking price: $1,400,000.
    • Excellent visibility and accessibility in a thriving area.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Clear Fork Trading ... Gift Shop Will Realty Real Estate Agency National Product Photography Advertising Agency Downtown Mini Mall Shopping Mall Golden Edition Publishing Publisher

    Suggested Use

    Realty agency Law Firm Restaurant Dental Office Spa & Massage Hair Salon Nail Salon Clothing Store Building Supply Gym & Fitness

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

    Location Insight

    • Map
    • Local Demand
    City
    Denton
    County
    Denton
    State
    Texas
    Longitude
    -97.1321099
    Latitude
    33.2149367

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    FAQs

    What type of property is this?
    Land - 0.21-acre lot, ideal for development. High-traffic location.
    Where is this land located?
    The property is located at 108 Locust St 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: 0.21-acre commercial lot in Denton, TX's Denton Square District.; Located at 108 N Locust St., Denton, TX 76201 (33.2149367, -97.1321099).; Zoned for commercial use, ideal for new construction.
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    Denton, TX 76201
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    Realmo Value Estimation

    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.

    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.

    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
    108 Locust St Denton, TX 76201
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