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Mike Bowman

[email protected] +1(817) 328-2342

$1,675,000

Est. payment - /mo

8.45 Acres Lot

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Key Details

Property Type Commercial

Sub Type Business

Listing Status Active

Purchase Type For Sale

Subdivision M Forrest

MLS Listing ID 21141847

Total Fin. Sqft 2340

Year Built 1982

Annual Tax Amount $12,029

Lot Size 8.455 Acres

Acres 8.455

Property Sub-Type Business

Property Description

Price improved to $1,675,000. ±8.45 acres on E. McKinney St inside Denton city limits, with two zoning districts already in place: ±6.7 acres zoned R7 residential and an adjacent ±1.7 acres zoned MN mixed-use. One purchase puts the housing and the neighborhood-serving frontage under one owner, planned together from day one. Two zonings. One plan.

The R7 tract suits single-family, townhome, and duplex-style product, a fit for small-lot residential or build-to-rent. The MN parcel fronting E. McKinney suits neighborhood retail, medical and professional office, and live-work. Buyer to verify permitted uses, density, and all development requirements with the City of Denton.

Because the zoning is already in place, the next step is platting and site planning, not a rezoning case. The R7 tract includes an existing 3-bed, 3-bath home, 2-car garage, 6-car covered carport, and oversized barn, currently used as residential, so the property can stay in use while plans move forward. Utilities on the R7 tract: well, septic, electric, and gas. R7 tract is outside the 100-year floodplain.

Directly across from Billy Ryan High School, with access to Mayhill Rd, Loop 288, and I-35E. Offered as a single acquisition. Parcels also available individually.

Location

State TX

County Denton

Zoning R7, Mixed Use

Direction from I-35 E. go toward exit 462 toward Mayhill Rd,onto S-I 35 E. Go for 1.0 mi. Turn right onto E. Mckinney St (FM426). Go for 0.4 mi, Turn right. Go for 0.2 mi. Destination is on the right. See GPS for different routes.

Interior

Heating Central, Electric

Cooling Ceiling Fan(s), Central Air, Gas

Flooring Ceramic Tile

Heat Source Central, Electric

Exterior

Utilities Available Individual Gas Meter, Natural Gas Available, Septic, Well

Roof Type Composition

Garage No

Building

Lot Description Acreage, Cleared, Few Trees, Interior Lot, Landscaped, Level, Many Trees, Oak

Foundation Slab

Structure Type Aluminum Siding,Wood

Others

Acceptable Financing Cash, Conventional, FHA

Listing Terms Cash, Conventional, FHA

Special Listing Condition Build to Suit

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

Listed by Veronica Yeary • All City

Nearby School & Business

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Mike Bowman

+1(817) 328-2342

Broker License ID: 0273938

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5094 E Mckinney Street Denton, TX 76208

Mike Bowman

Key Details

Location

Interior

Exterior

Building

Others

Nearby School & Business

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