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    4 Fm 1173 Denton, TX 76249

    For Sale
    $600,000

    1.23 Acres, $600,000

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    365
    This exceptional 1.23-acre commercial lot, identified as Lot 4 FM 1173, presents a remarkable investment opportunity in the thriving town of Krum, Texas. Located in Denton County, with a 76249 zip code, this property boasts convenient access to city water and sewer services, eliminating the complexities and costs often associated with establishing these crucial utilities. The land's size offers significant flexibility for a variety of commercial developments, catering to diverse business needs. Situated at the address specified, this parcel provides a strategic location within the community. Buyers are encouraged to conduct their own independent verification of all information provided, including but not limited to, zoning regulations, utility availability, and any other pertinent details necessary for their intended development plans. The asking price for this prime commercial land is $600,000. This represents a compelling opportunity to acquire a well-situated parcel ready for immediate development in a growing Texas market. The geographic coordinates are 33.2895377 latitude and -97.330053 longitude. This property is zoned for commercial use. All interested parties should perform their due diligence to confirm all aspects of the property before making an offer.

    Property Features for 4 Fm 1173

    General Information

    Property type
    Land
    Lot Size
    53,579 SF

    HighLights

    • 1.23‑acre commercial lot in Krum, Texas (Denton County, 76249).
    • Convenient city water and sewer access.
    • Zoned for commercial use.
    • Asking price: $600,000.
    • Located at Lot 4 FM 1173.
    Property Profile 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 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
    -97.330053
    Latitude
    33.2895377

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    FAQs

    What type of property is this?
    Land - 1.23 Acres, $600,000
    Where is this land located?
    The property is located at 4 Fm 1173 Denton, TX.
    What is the asking price?
    The asking price for this property is $600,000.
    What are key features of this property?
    This property features: 1.23-acre commercial lot in Krum, Texas (Denton County, 76249).; Convenient city water and sewer access.; Zoned for commercial use.
    (940) 565-8326
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    4 Fm 1173 Denton, TX 76249
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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
    4 Fm 1173 Denton, TX 76249
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