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Denton Mixed-Use Development Opportunity
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US 380 at Old North Road - Lot 1 multifamily, Denton, TX 76209

18-acre mixed-use development site in Denton, Texas.

Property SizeContact for details
Lot Size18.00 Acres
Days on Market1873

Property Features for US 380 at Old North Road - Lot 1 multifamily

General Information

Standard status Active
Class A
Lot size 18.00 Acres
Property subtype Multifamily
Zoning Multifamily

Building Details

Buildings 4
Stories 3
Units 279
Listing Agency: Imperium Holdings LP
Listed By: Stephen Schattner · License #TX 0502217
Source: Crexi
Added: Jun 24, 2021 Changed: Aug 8 Last Checked: Aug 8 at 11:26AM

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 Imperium Holdings LP

Investment Insights

Based on property information with market context.

Sereno is an 18-acre urban infill mixed-use development in Denton, Texas, featuring approximately 37,000 square feet of upscale shop space, with 14,000 square feet reserved for fine dining, and 279 Class-A residential units. The development is located at the northwest corner of US 380 and Old North, just inside the 288 Loop. It is situated within one mile of Texas Women’s University and three miles of The University of North Texas. The site benefits from its location on one of the last remaining undeveloped tracts of land on the US 380 corridor inside the Loop. The property includes a half-acre lake as a focal point, with four waterfront restaurant opportunities offering unique ambiances and views. Each restaurant and shop space has unobstructed visibility to over 27,000 cars passing daily along US 380. The site has two full median openings along its half-mile frontage, providing unimpeded access. The zoning allows for most commercial uses and multifamily development. The site is suitable for banks, fuel operations, consumer services and goods, anchored retail, and restaurants. Multi-tenant retail space and restaurant sites are currently preleasing, with construction to commence soon. The development includes on-site amenities such as retail and grocery services, waterfront and outdoor dining, splash fountains, public art, dog-friendly parks, and a jogging trail. All utilities have been installed on the property, and the grade is level. The property has three curb cuts from US 380 and one from Old North, with TXDOT and city approval for all access. A median opening on US 380 provides primary access. The property has an ag exemption and ag lease in place.

Key Highlights

  • Final plat‑ready for both MF and commercial portions with all utilities installed and level grade.
  • Located at a signalized interchange inside Loop 288 on US 380, providing high visibility and easy access.
  • Existing plans for 279 Class‑A residential units are in the final stage of permitting, with completed construction plans and city approvals already in place.

Property Analytics

Current Use

Commercial land

Location Intelligence

Trade Area within ½ mile

176
Businesses Nearby

Demographics for 76209, TX

28,088
Population
11,403
Households
2.5
Avg Household Size
31
Median Age
38%
College-Educated
90%
High-School Grad
6.7 sq mi
ZIP Area
4,192
Density / Sq Mi
$66,883
Median Household Income
$34,680
Median Earnings
$1,367
Median Rent
$248,900
Median Home Value
Rey
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Frequently Asked Questions

What type of property is this?
Commercial land - 18-acre mixed-use development site in Denton, Texas.
Where is this commercial land located?
The property is located at US 380 at Old North Road - Lot 1 multifamily Denton, TX.
What is the asking price?
The asking price for this property is $15,154,000.
What are key features of this property?
This property features: Final plat‑ready for both MF and commercial portions with all utilities installed and level grade.; Located at a signalized interchange inside Loop 288 on US 380, providing high visibility and easy access.; Existing plans for **279 Class‑A residential units** are in the final stage of permitting, with completed construction plans and city approvals already in place.
More about this property
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