Current Use by Public Records
- Office Spaces
Property Details for 5100 University Dr
- Year built
- 1985
- Lot size
- 2.04 lot acres
- Property type
- Office Spaces
Description
This exceptional investment opportunity presents a 4,004 square foot property ideally situated on a bustling stretch of Highway 380 in Denton, Texas. The property boasts a substantial 2.04-acre lot with 522 feet of direct highway frontage, ensuring unparalleled visibility to the approximately 41,214 vehicles passing daily. The main structure comprises a renovated 2,878 square foot office building featuring high-end finishes, including hand-scraped wood flooring and granite countertops. An additional 1,126 square foot house is also included on the property. Its location offers easy access to key transportation arteries, including Loop 288 (4 minutes), Highway 35, and is within close proximity to Aubrey, Cross Roads, Little Elm, Oak Point, Prosper, and Frisco. The versatile multi-use zoning opens doors to a wide array of possibilities, including but not limited to office space, church, daycare, retail, restaurant, and multi-family development. Ample space is available for vehicle and equipment storage, making it suitable for various business needs. The property's high visibility and strategic location make it an attractive investment with significant potential for growth and development. Owner financing may be available. For a detailed list of permitted uses, please inquire. The office building is also available for lease
Value Estimations
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AI approach
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Denton
- County
- Denton
- State
- Texas
- Longitude
- -97.0504
- Latitude
- 33.2376
