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This exceptional 18-acre mixed-use development in Denton, Texas, presents a unique investment opportunity. Located on US 380 at Old North Road, Lot 2 offers 9,341 square feet of Class A retail and restaurant space across six units within a single, one-story building. The property boasts 8,766 square feet of net rentable space, priced at $279.27 per square foot, with an asking price of $2,608,704. Situated on a 62,112 square foot lot, this property benefits from high traffic counts, a convenient bus stop, and proximity to Texas Woman's University (20,000 students) and other major employers. The site is pad-ready, with all utilities and entitlements in place. A completed Traffic Impact Analysis and approved site work plans ensure a smooth development process. Agreements for reciprocal access and common area maintenance are established with the adjacent multifamily development (closing November 2023, approximately 300 units). Design development guidelines, covenants, conditions, and restrictions are finalized. Comprehensive surveys (ALTA and topographic), along with a clean Phase 1 environmental report, are available. The property is zoned PD (SC base zoning) and benefits from existing agricultural exemptions, resulting in low property taxes and assessments. Seller financing is an option. This development features waterfront amenities, including a half-acre lake, creating a unique and attractive environment for businesses and customers. The property's location on a six-lane thoroughfare ensures high visibility, with over 27,000 cars passing daily. This is one of the last remaining undeveloped tracts on the US 380 corridor inside Loop 288, presenting a rare opportunity for investors seeking a high-demand location with significant growth potential.
Highlights
$2,608,704 asking price for 9,341 square feet of Class A retail land in Denton, TX.
US-380 frontage; one of the last vacant tracts inside Loop 288.
High traffic counts; convenient bus stop.
Strong residential growth; central location near major employers.
High barrier to entry; limited large retail land parcels available.
Waterfront amenities; Class A development.
Property Details
for 0 Rd -
Property type
Other retail properties, Individual retail properties
Square Feet
9,341 SF
Class
A
Buildings
1
Stories
1
Units
6
Location Insight
City
Denton
County
Denton
State
Texas
Latitude
33.2351122
Longitude
-97.0988974
Rd -, Denton, Texas
Nearby Similar for Sale
For Sale
$1,912,176
Denton Waterfront Restaurant Opportunity
Prime US 380 location, waterfront views, pad-ready.
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