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    2820 Fm 120 Denison, TX 75020

    For Lease
    Contact for pricing

    Prime Denison retail land, highway access.

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    361
    Two exceptional pad sites are available for lease in Denison, Texas, offering a unique opportunity for retail development. Located at 2820 FM 120 in Grayson County, these sites benefit from their strategic position within a strong retail and restaurant corridor. Each site boasts a generous lot size ranging from 0.91 to 1.3 acres, providing ample space for construction. The property is zoned for commercial use and offers easy access to the high traffic counts of US-75, ensuring excellent visibility and accessibility for potential businesses. Denison is experiencing significant growth, fueled by its proximity to the Choctaw Casino and Resort in Durant, Oklahoma (a fifteen-minute drive), and the recently announced $6 billion Lake Texoma Community and Margaritaville Resort development, projected to attract over 18,000 new residents to the area. This presents a compelling investment opportunity in a thriving and expanding suburban market. The property is ideal for businesses seeking high visibility and convenient access to a growing customer base. The multiple tenancy allows for flexibility in development and leasing options. This is a rare chance to secure a prime location in a rapidly developing area.

    Property Features for 2820 Fm 120

    General Information

    Property type
    Land
    Lease Type
    Gross Lease

    Unit(s) available at that property

    Space
    Available Space
    Size
    0 SF

    HighLights

    • Commercial zoning.
    • Development permitted by right.
    • Flexible pad sizes; combination or division possible.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    ATM Atm Simmons Bank Bank

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Spa & Massage Dental Office 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
    Denison
    County
    Grayson
    State
    Texas
    Longitude
    -96.5803705
    Latitude
    33.7615222

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    FAQs

    What type of property is this?
    Land - Prime Denison retail land, highway access.
    Where is this land located?
    The property is located at 2820 Fm 120 Denison, TX.
    What are key features of this property?
    This property features: Commercial zoning.; Development permitted by right.; Flexible pad sizes; combination or division possible.
    Request Owner's contact information
    2820 Fm 120 Denison, TX 75020
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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
    2820 Fm 120 Denison, TX 75020
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