Homes for sale - 5118 E UNIVERSITY Drive #A, Denton, TX 76208

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Marlene Treviño

Engel & Völkers

[email protected] +1(817) 233-3232

$ 1,800,000

Est. payment -/mo

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5118 E UNIVERSITY Drive #A Denton, TX 76208

2.04 Acres Lot

UPDATED:

06/17/2024 10:31 PM

Key Details

Property Type Vacant Land

Sub Type Ranch

Listing Status Active

Purchase Type For Sale

Subdivision Texas 380 Rv Addition

MLS Listing ID 20429887

HOA Y/N None

Year Built 1985

Annual Tax Amount $8,360

Lot Size 2.040 Acres

Acres 2.04

Property Description

FANTASTIC INVESTMENT OPPORTUNITY ON HWY 380! Approx 2878 sf office building and 1126 sf house on 2 Ac with direct access and generous 522ft frontage on a major bustling Highway, ensures a high visibility sees approximately 41,214 vehicles per day. Located near Aubrey and Cross Roads. Close to Downtown Denton, Highway 35 connection, only 4 minutes to Loop 288, 10 minutes to Little Elm, 8 min to Oak Point, and 20 min to Prosper and Frisco. OPENS ENDLESS POSSIBILITIES FOR YOUR BUSINESS LOCATION WITH THE ROOM TO EXPAND OR DEVELOP IN VERSATILE MULTI-USE ZONING. SUITABLE FOR MULTIPLE STORAGE NEEDS, WITH PLENTY OF ROOM FOR VEHICLES & EQUIPMENT, PERFECT FOR OFFICE, CHURCH, DAYCARE, and a future RETAIL, RESTAURANT, Multi-family AND MORE, ask agent for allowed uses. THE OFFICE IS RENOVATED WITH HIGH-END MATERIALS SUCH AS HAND-SCRAPED WOOD FLOORING AND GRANITE.
Owner financing available

Location

State TX

County Denton

Zoning Industrial, Office, Office/Warehouse, Storage Warehouse, Other

Direction From Denton Hwy 380 go East, the property is at the South side of Hwy 380, just about a mile from the intersection of Hwy 380 and Loop 288

Interior

Cooling Central Air, Electric

Exterior

Fence Wood

Utilities Available Cable Available, Co-op Electric, Co-op Water, Concrete, Septic

Street Surface Concrete

Lot Frontage 522.0

Garage No

Building

Lot Description Acreage, Level

Schools

Elementary Schools Hodge

Middle Schools Rodriguez

High Schools Ryan H S

School District Denton Isd

Others

Restrictions None

Ownership Owner

Acceptable Financing 1031 Exchange, Cash, Conventional, Owner Will Carry

Listing Terms 1031 Exchange, Cash, Conventional, Owner Will Carry

North Texas Real Estate Info Systems (NTREIS) -MetroTex and Collin County (CCAR)

Listed by Olga Lund • Lund Realty

Marlene Treviño

Global Luxury Real Estate Advisor | License ID: 0696610

+1(817) 233-3232

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