Address
5118 E University Drive # A, Denton, TX
Price
$ 1,800,000
Property Attributes
  • MLS#20429887
  • TypeLand
  • CountyDENTON
  • CityDenton
  • NeighborhoodTexas 380 Rv Addition
  • Zip76208
  • StyleRanch
  • Year Built1985
  • Taxes$ 8360
  • Price$ 1,800,000
  • Bedrooms0
  • Full Bathrooms0
  • Half Bathrooms0
  • Lot Size2.04 Acres
Data Source:
North Texas Real Estate Info Systems (NTREIS)
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.

Elementary School
Hodge Elementary School
Price History
9/12/2023 Listed $1,860,000
11/8/2023 3% - $1,820,000
11/15/2023 1% - $1,816,000
11/17/2023 1% - $1,810,000
11/22/2023 1% - $1,808,000
11/27/2023 1% - $1,800,000
12/3/2023 1% - $1,798,000
12/10/2023 1% - $1,797,000
12/20/2023 1% - $1,796,000

General Features

Development Status City Limits,Streets Installed,Zoned
Cooling Central Air,Electric
Utilities Cable Available,Co-op Electric,Co-op Water,Concrete,Septic
Possession Closing/Funding,Lease Outstanding
Easements Utilities
current use Commercial,Industrial,Mini-Storage,Unimproved,Vacant,Warehouse,See Remarks
Restrictions None
School District Denton ISD
Year Built 1985
Topography LEVELED,ELEVATED
Documents Available Aerial Photo,Survey
Unexempt Taxes 8360
Will Subdivide No
Unit Number A
Property SubType Ranch
Subdivision Name TEXAS 380 RV ADDITION
Possible Use Industrial,Mini-Storage,Mixed Use,Warehouse,See Remarks,Other
Zoning Description Industrial,Office,Office/Warehouse,Storage Warehouse,Other
Occupant Type Owner
County Denton
Property Type Land
HOA Type None
Status Active
Directions 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
City Denton
Buyer Agent Compensation 3
Elementary School Name Hodge
High School Ryan H S
Street Name UNIVERSITY
Elementary School Hodge
Virtual Tour URL Unbranded https://www.propertypanorama.com/instaview/ntreis/20429887
Standard Status Active
Buyer Agent Compensation Type %

Interior Features

Lock Box Type Combo
Street Suffix Drive

Exterior Features

Lot Features Acreage,Level
Fencing Wood
Soil Type Clay,Fill,Sandy Loam,Unknown
Lot Size 1 to < 3 Acres
Frontage Feet 522
Lot Size Area 2.0400
Lot Size Units Acres
Road Frontage Type Highway
Lot Size Square Feet 88862.4000
Lot Size Acres 2.0400
Road Surface Type Concrete

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Land Average in 76208

Price
AVG $1.26M
$1.8M
Taxes
AVG $3,817
$8,360
Visits
AVG 115
191
Data Provided by Inside Real Estate®
Year Built
AVG 1987
1985

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