0 Sherman DrDenton, TX 76209

For Sale
Call for price

Four commercial land pads for sale.

Overview

Added:
Dec 11, 2024
Days on market:
92
Exceptional investment opportunity in Denton, TX, featuring four commercial land pads totaling 6.17 acres at the southwest corner of Loop 288 and E. Sherman Dr (zip code 76209). These pads are zoned SC, allowing for a variety of uses including restaurants, drive-thrus, car washes, and auto-related businesses. Lot sizes are flexible and can be adjusted to suit individual user needs. Several lots are currently under Letter of Intent (LOI) negotiations. One lot (2.34 acres, hard corner) is under contract. The remaining available lots range from 0.77 to 1.06 acres, with pricing in the mid $20s per square foot. This prime location benefits from its proximity to a recently sold multi-family development site (350+ units), a high-performing 7-Eleven, and planned future grocery and multi-family developments. The area is currently underserved in terms of retail and restaurant options, presenting a significant opportunity for growth. The property offers excellent visibility and accessibility due to its strategic location at a major intersection. Estimated delivery for build-ready pads is Q3/Q4 2025. This is an ideal opportunity for investors and developers seeking a high-growth area with strong potential for return.

Highlights

  • Adjacent to ±6.17-acre site recently sold for 350+ multifamily units (permits secured).
  • Adjacent 7-Eleven ranks in the top 90th percentile of Texas locations.
  • Planned grocery store and additional multifamily development at the northeast corner of 288 and E. Sherman Dr.
  • SC Zoning permits restaurants and drive-thru uses as-of-right.
  • Zoning also allows auto and car wash uses.
  • Significant retail and restaurant market undersupply.

Property Details for 0 Sherman Dr

Property type
Other land, Land
Lot Size (sq. ft)
268,765 SF

Location Insight

City
Denton
County
Denton
State
Texas
Latitude
33.2244703
Longitude
-97.1036396
Sherman Dr, Denton, Texas

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0 Sherman Dr
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