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Property profile & analytics
FOR SALE
Commercial real estate

100 N Loop 288 Denton, TX 76208

61,496 SF 18.59 ac lot Built 1965
Entity Owned 1-yr Hold Absentee Owner Free & Clear
Property ID
US83-1648392
Property summary
AI-generated overview

This exceptional commercial land offering presents 1 to 13.35 acres of prime real estate in Denton, Texas, conveniently located in an Opportunity Zone. The property boasts frontage on three major thoroughfares, providing unparalleled visibility and accessibility. Significant infrastructure improvements enhance its value, including the widening of Mayhill Road from US 380 to I-35E and FM 2499. Two signalized intersections ensure high traffic flow and convenient access for customers and employees. A full-service median break on Loop 288 further optimizes visibility and accessibility. The property also benefits from a cross-access easement to existing driveways at the hard corner, simplifying development and logistics. Future development is further supported by the proposal of two new interior roads, Mills Street and Blake Street, enhancing internal connectivity and site accessibility. This strategic location in Denton County, combined with its exceptional access and infrastructure, makes this a truly unique opportunity for commercial development. The flexible lot sizes cater to a variety of development plans, making it ideal for businesses seeking a prominent presence in a rapidly growing area. This is a rare chance to acquire land with such significant advantages in a thriving Texas market.

Property profile
Verified
Property type Commercial real estate
Use group COMMERCIAL (GENERAL)
Year built 1965
Total area 61,496 SF
Lot 18.59 ac (809,911 SF)
APN R36058
UPID US83-1648392
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
Current use
Occupant on record · Public records
  • Murphy’s Gas Station
  • Discount Tire (Bike/Boat/Book/etc) Store Auto Parts Store
  • Slappy's Express Car Wash - Denton N Loop 288 Car Wash
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$2.21M
Owner & transaction history
Waffle House INC · 1 yrs held
Waffle House INC
since 2024
5 recorded transactions
2024
Price N/A
2017
Price N/A
2015
Price N/A
2012
Price N/A
1969
Price N/A
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
More about this property
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