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Property profile & analytics
FOR SALE
Commercial real estate

2000 S Fannin Ave Denison, TX 75020

1.4 ac lot
Property ID
US83-3961852
Property summary
AI-generated overview

This 1.4-acre lot, located at 2000 S Fannin Ave, Denison, TX 75020, presents a unique development opportunity. Currently zoned SF-5 (Single Family Residential), this property offers significant potential. The lot boasts a gentle slope, enhancing drainage and visual appeal, and is naturally landscaped with cedar and oak trees. A recently installed water meter is in place, and city utilities are available at the street. A survey is available for review, revealing a substantial 580+ linear feet of street frontage, including access from S Fannin Ave, Ford Street, and Burnett Ave (two of which are to be developed). The neighborhood exhibits a mix of residential and commercial uses, with a neighboring property zoned Light Industrial, suggesting potential for zoning changes. This location provides convenient access to major highways (IH 75 & IH 69), local amenities, and downtown Denison. The area's economy is diverse, encompassing manufacturing, healthcare, and education sectors. Furthermore, the property's proximity to Lake Texoma and the Red River offers recreational opportunities. This property is for sale by owner and presents a compelling investment opportunity for those seeking a versatile land parcel in a growing Texas community.

Property profile
Verified
Property type Commercial real estate
Lot 1.4 ac (60,984 SF)
UPID US83-3961852
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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Comparable Approach Comparable
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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