Next Level Realty

1041 E University Drive

Denton, TX 76209

MLS#: 21290770

$6,534,000

Status: Active
Listing number: 21290770
Listing provided by: Newland Real Estate, Inc.
Listing agent phone: None
Last update: N/A
On site: 3 months ago
Browse Properties
S Huizar - Land

Property

Beds

None

Full Baths

None

1/2 Baths

None

Year Built

1967

Lot size

10.0 acres

10 plus acres on Hwy 380 in Denton adjacent to TXDOT Loop 288 expansion. Over 600ft of Hwy 380 frontage. Light Industrial zoning with water, sewer, and electric available. Located in a high-growth area with major new residential developments and increasing traffic—ideal for commercial or industrial use. Rare opportunity to secure a tract in the path of Denton’s explosive growth corridor.

Features & Amenities

Interior

  • Total Bedrooms

    N/A

  • Bathrooms

    N/A

  • Pet friendly

    N/A

Exterior

  • Garage

    No

  • Pool

    No

  • Waterfront YN

    NO

Area & Lot

  • Lot Size(acres)

    10.0

  • Lot Size(square feet)

    435,600

  • Property Type

    Land

  • Property Sub Type

    Unimproved Land

Price

  • Sales Price

    $6,534,000

  • Zoning

    LI

  • Sq. Footage

    N/A

  • Price/SqFt

    N/A

HOA

  • Association

    No

School District

  • Elementary School

    Krum

  • Middle School

    Krum

  • High School

    Krum

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Location

County

Denton

Elementary School

Krum

Middle School

Krum

High School

Krum

Listing Courtesy of EVERETTE NEWLAND, Newland Real Estate, Inc.

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Agent Joe Boston

AGENT

Joe Boston

Call Joe today to schedule a private showing.

(817) 881-7100

joesrentalprops@gmail.com


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10 plus acres on Hwy 380 in Denton adjacent to TXDOT Loop 288 expansion. Over 600ft of Hwy 380 frontage. Light Industrial zoning with water, sewer, and electric available. Located in a high-growth area with major new residential developments and increasing traffic—ideal for commercial or industrial use. Rare opportunity to secure a tract in the path of Denton’s explosive growth corridor.

1041 E University Drive

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UNRESTRICTED HARDENED OPERATING YARD ON IH-35E DAY 1 UTILITY. Recreating this from raw ground would take years of entitlement, significant capital, and most North Texas cities would not permit this use by right. Offering 27.4 to 68.32 AC on the IH-35E service road in unincorporated Denton County, with an improved hardstand yard already in operation. 35-year operating legacy: Continuous heavy outdoor storage use on this exact site with no city zoning or use restriction by ordinance. Ownership commissioned a Phase I Environmental Site Assessment; follow-up soil work is scoped and priced. PRICING AND DIVISIBILITY PORTIONS FROM $3,069,000 40.92 AC Expansion Investment Tract: $3,069,000 at $75,000 per AC 27.4 AC Improved Yard: $4,384,000 at $160,000 per AC 68.32 AC Entire Site: $6,732,000 at $98,536 per AC, $721,000 savings vs sum of parts Seller financing available. Proven uses and demand: Auto dismantling and recycling with 35 years of continuous operation. Fort Worth precedent for phased truck parking; Southeastern Freight Lines committed $30M to a Denton terminal. Adjacent owner pursued concrete batching and was near an LOI. Two on-site wells support water-intensive uses. INFRASTRUCTURE INVESTMENT TxDOT I-35 North Improvement Project: $187M allocated to widen I-35 from 4 to 6 lanes plus continuous frontage roads directly fronting the property. Part of a $1.25B plus Denton County corridor reconstruction program enhancing long-term truck access and capacity. Approximately 900 feet of IH-35E service road frontage with multiple access points. Several uses can produce income from day one, including yard leasing, fleet and truck parking, dismantling, or batching, because the hardstand, utilities, and operating history are already in place. An investor can underwrite the current use rather than a four-year entitlement outcome and phase the 27.4-acre yard and 40.92-acre balance separately.
#21274385

Denton

3077 Memory

None Beds

None Baths

68.0 acres

$6,732,000

MLS#: 21274385

- property

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