Property profile

0 Macarthur Dr Denison, TX 75020

OFF-MARKET
Commercial real estate
28.35 ac lot
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Property summary

AI-generated overview

This ±28.35-acre agricultural property in Denison, Texas, presents a unique investment opportunity. Located within city limits and zoned AG, this land offers significant potential for development. The asking price is $1,120,000, translating to $40,000 per acre. The property boasts convenient access to major thoroughfares, including Highway 289 and Highway 75, enhancing its accessibility and desirability. Its strategic location borders the North Texas Regional Airport, providing excellent connectivity to transportation and commercial opportunities. Furthermore, the land is situated approximately 13 miles south of Lake Texoma and roughly 50 miles from the rapidly growing city of Frisco. The property is served by Sherman ISD and enjoys proximity to the future Grayson Tollway. The APN is 115349. This parcel is situated at the rear of a residential development, offering a unique blend of rural tranquility with urban convenience. This combination of factors makes this ±28-acre tract an attractive investment for those seeking land with high development potential in a rapidly growing area of North Texas. The property is located on MacArthur Dr, Denison, TX 75020, within Grayson County.

Property profile

Verified
Property type Commercial real estate
Lot 28.35 ac (1,234,926 SF)
APN 115349

Cap rate & NOI

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

Location

Macarthur Dr Denison, TX 75020
Denison metro
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Value estimations

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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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