2798 Robinson Rd Denton, TX 76210
This exceptional 2.102-acre lot, located at 2798 Robinson Rd in Denton, Texas (zip code 76210), presents a compelling investment opportunity. Currently zoned RR (Rural Residential), this property offers significant development potential. The lot size is 91,567 square feet, and the asking price is $960,000, translating to $12.33 per square foot. Situated at the corner of FM 2499 (Barrel Strap) and Robinson Rd within Denton city limits, this corner lot benefits from high visibility at a six-lane divided and four-lane divided intersection. Current zoning permits uses such as daycare centers and group homes for youth and adults, and it is anticipated that a group home for the elderly would also be permitted. The highest and best use may involve rezoning for multi-family residential or commercial development. This property offers a unique chance to capitalize on Denton's growth and create a valuable asset. Serious inquiries only.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
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Property description
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Risks
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