Property profile

8540 University Dr Denton, TX 76207

OFF-MARKET
Land
5.3 ac lot
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Property summary

AI-generated overview

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 profile

Verified
Property type Land
Lot 5.3 ac (230,868 SF)

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

8540 University Dr Denton, TX 76207
Denton metro
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Value estimations

Realmo proprietary · 4 methods
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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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