4926 Mills Rd Denton, TX 76208
This exceptional 4.5-acre property in Denton, Texas, presents a compelling investment opportunity. Currently operating as an owner-occupied tow service, the site offers significant potential for diverse uses. Located at 4926 Mills Rd, Denton, TX 76208, this mixed-use land boasts convenient access to major thoroughfares including Hwy 380, University Drive, and Loop 288, placing it within minutes of Texas Woman's University (TWU) and the University of North Texas (UNT). The property features a 7000+ square foot metal building, a water well, three septic systems, two full RV hookups, and multiple outbuildings. The expansive lot also includes ample gravel parking and storage space. The existing infrastructure, combined with the R6 zoning, allows for a variety of development options. The 3,200 square foot main building, constructed in 1944, sits on a single story and is complemented by the substantial outbuildings. The property's location adjacent to Denton Ryan High School further enhances its appeal. With its strategic location, existing structures, and versatile zoning, this property represents a rare opportunity for investors seeking a high-return, multi-use asset in a rapidly growing area. The APN is 37255. Asking price is $1,200,000.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
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Property description
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No recorded transactions found for this property.
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