0 Sherman Dr Denton, TX 76209
Exceptional investment opportunity in Denton, TX, featuring four commercial land pads totaling 6.17 acres at the southwest corner of Loop 288 and E. Sherman Dr (zip code 76209). These pads are zoned SC, allowing for a variety of uses including restaurants, drive-thrus, car washes, and auto-related businesses. Lot sizes are flexible and can be adjusted to suit individual user needs. Several lots are currently under Letter of Intent (LOI) negotiations. One lot (2.34 acres, hard corner) is under contract. The remaining available lots range from 0.77 to 1.06 acres, with pricing in the mid $20s per square foot. This prime location benefits from its proximity to a recently sold multi-family development site (350+ units), a high-performing 7-Eleven, and planned future grocery and multi-family developments. The area is currently underserved in terms of retail and restaurant options, presenting a significant opportunity for growth. The property offers excellent visibility and accessibility due to its strategic location at a major intersection. Estimated delivery for build-ready pads is Q3/Q4 2025. This is an ideal opportunity for investors and developers seeking a high-growth area with strong potential for return.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.