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Property profile & analytics
FOR LEASE
Commercial land

870 N Mayhill Rd Denton, TX 76208

4,800 SF Built 2009
Entity Owned 5-yr Hold
Property ID
US83-2059342
Property summary
AI-generated overview

3.5 Acres of Flat Grade for Expansion or Redevelopment. Land Value Only. The property features four metal warehouses, each with two grade level doors. The expansion of North Mayhill Rd was recently completed. PROPERTY HIGHLIGHTS: 3.5 Acre Lot For Expansion or Redevelopment. Four 1200 SF Metal Wareho ... uses. 1 Buildings currently Rented For $2000 PM on month to month lease. Approx. 2 acres with screened fence behind buildings. Each building has electricity, water, bathroom, private yard and security gate. Property has water well although City Water is at the Street. Mayhill Road Recently Expanded and Improved. High Growth Area. Close Proximity To Downtown Denton.

Property profile
Verified
Property type Commercial land
Year built 2009
Total area 4,800 SF
UPID US83-2059342
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
AI Approach AI
by Request
CAP Approach CAP
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Comparable Approach Comparable
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Blend (final) Blend
by Request
Owner & transaction history
24k Holdings LLC · 5 yrs held
24k Holdings LLC
since 2021
4 recorded transactions
2021
Price N/A
2019
Price N/A
2018
Price N/A
2017
Price N/A
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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More about this property
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