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    901 Locust St Denton, TX 76201

    For Sale
    $750,000

    1.63 Acres, $750,000, Mixed-Use Zoning

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    367
    This exceptional 1.63-acre land parcel presents a unique investment opportunity in the thriving city of Denton, Texas. Located at 901 S. Locust St., this property boasts a highly desirable Mixed-Use Neighborhood zoning designation, opening doors to a wide array of development possibilities. The expansive lot offers significant potential for both residential and commercial ventures, catering to the growing demand for diverse uses within the Denton community. Priced at $750,000, the land's value translates to $10.56 per square foot, reflecting its strategic location and development potential. The single existing building on the site provides a blank canvas for redevelopment or repurposing, allowing for creative design and maximum return on investment. Situated in Denton County, Texas, with a zip code of 76201, this property benefits from convenient access to local amenities, transportation networks, and the vibrant Denton city center. The coordinates are 33.2053299 latitude and -97.13221 longitude. This is a rare chance to acquire a substantial land holding in a dynamic Texas market, ideal for developers seeking a prime location for a mixed-use project. The property's multi-family tenancy designation further enhances its versatility and appeal to investors seeking diverse income streams. Don't miss this opportunity to shape the future of Denton's landscape.

    Property Features for 901 Locust St

    General Information

    Property type
    Land
    Lot Size
    71,003 SF

    Building Details

    Buildings
    1

    HighLights

    • $750,000 asking price for 1.63 acres of land.
    • Located at 901 S. Locust St., Denton, TX 76201.
    • Residential land zoned for Mixed Use Neighborhood development.
    • Single building permitted on the site.
    • Land value: $10.56 per square foot.
    • Multi‑family residential permitted use.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

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

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

    Location Insight

    • Map
    • Local Demand
    City
    Denton
    County
    Denton
    State
    Texas
    Longitude
    -97.13221
    Latitude
    33.2053299

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    FAQs

    What type of property is this?
    Land - 1.63 Acres, $750,000, Mixed-Use Zoning
    Where is this land located?
    The property is located at 901 Locust St Denton, TX.
    What is the asking price?
    The asking price for this property is $750,000.
    What are key features of this property?
    This property features: $750,000 asking price for 1.63 acres of land.; Located at 901 S. Locust St., Denton, TX 76201.; Residential land zoned for Mixed Use Neighborhood development.
    Request Owner's contact information
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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
    901 Locust St Denton, TX 76201
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