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    531 Wainwright St Denton, TX 76201

    For Sale
    $475,000

    Prime Denton location, commercial land, $475,000.

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    364
    This exceptional 0.45-acre commercial land parcel presents a remarkable investment opportunity in the thriving city of Denton, Texas. Located at 531 Wainwright Street, this property boasts a highly desirable location, situated south of the historic Denton Square and conveniently positioned between the University of North Texas and Texas Woman's University. This strategic placement offers unparalleled access to a large and diverse population base, making it ideal for a variety of commercial ventures. The zoning allows for multiple uses, including multi-family housing and townhomes, providing flexibility for developers and investors. The asking price for this exceptional property is $475,000. The 0.45-acre lot size provides ample space for development, allowing for substantial buildable area. Its proximity to two major universities and the vibrant Denton Square ensures high visibility and strong potential for rental income or commercial activity. This property represents a rare chance to acquire a well-located commercial land parcel in a rapidly growing Texas city. The address is 531 Wainwright Street, Denton, Texas, 76201, within Denton County. Serious inquiries are encouraged.

    Property Features for 531 Wainwright St

    General Information

    Property type
    Land
    Lot Size
    19,602 SF

    HighLights

    • 0.45‑acre commercial land parcel in Denton, TX, asking $475,000.
    • Located at 531 Wainwright Street, south of Denton Square, between UNT and TWU.
    • Zoned for multi‑family housing and townhomes.
    • Ample space for development with high visibility and strong rental potential.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Dental Office Spa & Massage Wholesale Shop Auto Repair Shop Hair Salon Clothing Store

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

    Location Insight

    • Map
    • Local Demand
    City
    Denton
    County
    Denton
    State
    Texas
    Longitude
    -97.13109
    Latitude
    33.209466

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    FAQs

    What type of property is this?
    Land - Prime Denton location, commercial land, $475,000.
    Where is this land located?
    The property is located at 531 Wainwright St Denton, TX.
    What is the asking price?
    The asking price for this property is $475,000.
    What are key features of this property?
    This property features: 0.45-acre commercial land parcel in Denton, TX, asking $475,000.; Located at 531 Wainwright Street, south of Denton Square, between UNT and TWU.; Zoned for multi-family housing and townhomes.
    (940) 400-7824
    Request Owner's contact information
    531 Wainwright St Denton, TX 76201
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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
    531 Wainwright St Denton, TX 76201
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