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Property profile & analytics
OFF-MARKET
Land

0 Sherman Dr Denton, TX 76209

6.17 ac lot
Property ID
Property summary
AI-generated overview

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.

Property profile
Verified
Property type Land
Lot 6.17 ac (268,765 SF)
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
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CAP Approach CAP
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Comparable Approach Comparable
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Blend (final) Blend
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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