2820 Fm 120 Denison, TX 75020
- Commercial real estate
- 8,249 SF
- 2.56 lot acres
Current Use by Public Records
- ATM / Atm
- Simmons Bank / Bank
Property Details for 2820 Fm 120
- Year built
- 1997
- Lot size
- 2.56 lot acres
- Property size
- 8,249 SF
- Property type
- Commercial real estate
- APN
- D019 3349001
- APU
- D0193349001
Description
Two exceptional pad sites are available for lease in Denison, Texas, offering a unique opportunity for retail development. Located at 2820 FM 120 in Grayson County, these sites benefit from their strategic position within a strong retail and restaurant corridor. Each site boasts a generous lot size ranging from 0.91 to 1.3 acres, providing ample space for construction. The property is zoned for commercial use and offers easy access to the high traffic counts of US-75, ensuring excellent visibility and accessibility for potential businesses. Denison is experiencing significant growth, fueled by its proximity to the Choctaw Casino and Resort in Durant, Oklahoma (a fifteen-minute drive), and the recently announced $6 billion Lake Texoma Community and Margaritaville Resort development, projected to attract over 18,000 new residents to the area. This presents a compelling investment opportunity in a thriving and expanding suburban market. The property is ideal for businesses seeking high visibility and convenient access to a growing customer base. The multiple tenancy allows for flexibility in development and leasing options. This is a rare chance to secure a prime location in a rapidly developing area.
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Denison
- County
- Grayson
- State
- Texas
- Longitude
- -96.58
- Latitude
- 33.7614
- CBSA code
- 43300
- CBSA name
- SHERMAN-DENISON, TX METROPOLITAN STATISTICAL AREA