Denton, TX 76208,5118 E UNIVERSITY Drive #A
$1,800,000
Est.Price: ?

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2.04 Acres Lot

5118 E UNIVERSITY Drive #A Denton, TX 76208

Est. payment /mo
SOLD DATE : 02/22/2025

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Key Details

Property Type Vacant Land

Sub Type Ranch

Listing Status Sold

Purchase Type For Sale

Subdivision Texas 380 Rv Addition

MLS Listing ID 20429887

Sold Date 02/22/25

HOA Y/N None

Year Built 1985

Annual Tax Amount $8,360

Lot Size 2.040 Acres

Acres 2.04

Property Sub-Type Ranch

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, please inquire with the broker for allowed uses. THE OFFICE IS RENOVATED WITH HIGH-END MATERIALS SUCH AS HAND-SCRAPED WOOD FLOORING AND GRANITE.

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

Financing Private

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North Texas Real Estate Info Systems (NTREIS) -MetroTex and Collin County (CCAR)
Listed by Olga Lund • Lund Realty
Bought with Non-Mls Member • NON MLS

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agent

Vanessa Hackleman

REALTOR® | License ID: 74914

+1(318) 564-1869

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