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    8540 University Dr Denton, TX 76207

    For Sale
    $1,100,000

    5.3 Acres, High Visibility, Multi-Use Potential

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    365
    Exceptional 5.3-acre commercial land opportunity in Denton, Texas, boasting approximately 330 feet of frontage on heavily trafficked Highway 380 and West University Drive. This strategically located property offers unparalleled visibility and accessibility, making it ideal for a diverse range of commercial or industrial ventures. The property's AG zoning allows for multiple uses, capitalizing on Denton's thriving economy. Convenient access to I-35 provides seamless connectivity to major transportation routes, while proximity to Decatur to the west enhances logistical advantages. The property includes an existing brick home situated towards the rear, sold strictly "as is." This presents a unique chance to develop a significant project in a high-growth area, benefiting from high traffic volume and excellent visibility. The location offers proximity to both the University of North Texas (UNT) and Texas Woman's University (TWU), as well as a nearby airport, further enhancing its appeal and potential for diverse development. The asking price is $1,100,000, representing $207,547 per acre. This prime location presents an exceptional investment opportunity in a rapidly expanding market.

    Property Features for 8540 University Dr

    General Information

    Property type
    Farms
    Lot Size
    230,868 SF

    HighLights

    • High‑visibility location with high traffic counts.
    • Excellent I‑35 accessibility.
    • Versatile multi‑use zoning.
    • Proximity to the airport.
    • Convenient location near UNT and TWU.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Law Firm Wholesale Shop Auto Repair Shop Auto Parts Store Storage Facility Convenience Store Discount Store Car Rental Assisted Living Facility Locksmith

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

    Location Insight

    • Map
    • Local Demand
    City
    Denton
    County
    Denton
    State
    Texas
    Longitude
    -97.216252167213
    Latitude
    33.231761540757

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    FAQs

    What type of property is this?
    Farm - 5.3 Acres, High Visibility, Multi-Use Potential
    Where is this farm located?
    The property is located at 8540 University Dr Denton, TX.
    What is the asking price?
    The asking price for this property is $1,100,000.
    What are key features of this property?
    This property features: High-visibility location with high traffic counts.; Excellent I-35 accessibility.; Versatile multi-use zoning.
    Request Owner's contact information
    8540 University Dr Denton, TX 76207
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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
    8540 University Dr Denton, TX 76207
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