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    551 Mayhill Rd Denton, TX 76208

    For Sale
    Contact for pricing

    Prime Denton industrial land, ideal for development.

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    365
    This exceptional 7.52-acre industrial land parcel presents a compelling investment opportunity in Denton, Texas. Located at 551 N Mayhill Rd, Denton, TX 76208, this property boasts convenient access to major transportation arteries, including University Drive (Highway 380) and Loop 288, ensuring seamless logistics and connectivity. The land is zoned for industrial use, making it perfectly suited for immediate development or strategic holding for future appreciation. Given the anticipated growth and expansion needs of neighboring businesses, this site offers significant long-term potential. Its 7.52-acre size provides ample space for a variety of industrial projects, including flex building developments. The property's strategic location within Denton County, Texas, combined with its zoning and accessibility, makes it an attractive proposition for investors and developers seeking a prime industrial land asset in a thriving market. The coordinates are 33.217153 latitude and -97.084917 longitude. This is a rare opportunity to acquire a substantial industrial land parcel in a rapidly developing area.

    Property Features for 551 Mayhill Rd

    General Information

    Property type
    Land
    Lot Size
    327,571 SF

    HighLights

    • 7.52‑acre industrial land parcel in Denton, Texas.
    • Located at 551 N Mayhill Rd, Denton, TX 76208.
    • Zoned for industrial use; suitable for immediate development or future appreciation.
    • Excellent access to Hwy 380 and Loop 288.
    • Ideal for flex building development.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Spa & Massage Dental Office Wholesale Shop Hair Salon Auto Repair Shop 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
    -97.084917
    Latitude
    33.217153

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    FAQs

    What type of property is this?
    Land - Prime Denton industrial land, ideal for development.
    Where is this land located?
    The property is located at 551 Mayhill Rd Denton, TX.
    What are key features of this property?
    This property features: 7.52-acre industrial land parcel in Denton, Texas.; Located at 551 N Mayhill Rd, Denton, TX 76208.; Zoned for industrial use; suitable for immediate development or future appreciation.
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    Denton, TX 76208
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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
    551 Mayhill Rd Denton, TX 76208
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