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1803 Spring Valley Dr - Land on US 380 E, Denton, TX

3.66 Acres of Commercial Land Offered at $950,000 in Denton, TX 76208

Investment Highlights

  • Very High Traffic Count
  • Fastest Growing Area of Denton
  • 1.73 Acres of Buildable Land

Executive Summary

High Traffic with Little Access to the Competition. This Commercial Property is 3.66 +- Acres. 1.7 +- Acres can be developed. Zoned LI - Light Industrial. A Convenience Store - Gas Station is Needed on the West Bound side of US 380. There are NO Convenience Stores on the North Side of US 380 for 7 miles. The new Traffic Inlands on the highway make it very difficult to access the 3 Stores on the southside. The Light Industrial district is intended to provide locations for a variety of light industrial and employment uses such as light manufacturing, assembly, fabrication, warehousing and distributing, indoor and outdoor storage, and a wide range of supporting commercial uses and activities. The LI district provides a variety of transportation options for access including transit, bicycle, and pedestrian facilities. The LI district provides appropriate transitions to surrounding uses and lower-intensity districts and is sensitive to the adjacent built and natural context. The regulations set forth in this Article, or set forth elsewhere in these Regulations, when referred to in this Article, are the regulations in the Light Industrial District (I-1). The Light Industrial District is intended primarily for production, processing, and assembly plants that are operated so that noise, odor, dust, and glare of such operations are completely confined within an enclosed building. These industries will, by their nature, generate traffic; however, the size and volume of raw materials and finished products should not produce the volume of traffic generated by heavy industrial uses. The Light Industrial District is also intended for the development of office/warehouse uses. Manufacturing, processing, fabrication, or assembling of any commodity except junk or salvage. Warehousing, wholesaling, and storage of any commodity except junk or salvage. Freight terminals. Offices, offices/warehouses, laboratories. Veterinary and small animal hospitals. And More!
According to the TXDOT Automobile Traffic Count for 2021, the traffic count for Denton County reveals that this property’s frontage road views 40,274 vehicles every day. This is the highest count in the City of Denton except for Interstate 35.
Denton is a city in Texas with a population of 136,195. Denton is in Denton County and is one of the best places to live in Texas. Living in Denton offers residents a dense suburban feel and most residents rent their homes. In Denton, there are a lot of parks. Many young professionals live in Denton and residents tend to lean conservative. The public schools in Denton are highly rated.

Property Facts

Price $950,000
Sale Type Investment or Owner User
Sale Conditions Build to Suit
No. Lots 1
Property Type Land
Property Subtype Commercial
Proposed Use
Commercial
  • Retail
  • Office
  • Auto Repair
  • Bank
  • Community Center
  • Fast Food
  • General Freestanding
  • Medical
  • Parking Lot
  • Research and Development
  • Restaurant
  • Self Storage
Total Lot Size 3.66 AC

1 Lot Available

Lot

Price $950,000
Price Per AC $259,563
Lot Size 3.66 AC

This Commercial Property is 3.66 +- Acres. 1.7 +- Acres can be developed. Zoned Light Industrial allows for light manufacturing, assembly, fabrication, warehousing & distributing, indoor & outdoor storage, & a wide range of supporting commercial uses

Description

Permitted Uses for Light Industrial Club or Lodge, Community Service, Day Care, Adult or Child, Funeral and Internment Facility, Park, Playground, Open Space, Religious Assembly, Business or Trade School, School, Public, Medical Clinic, Medical Office, Veterinary Clinic, Amenity Center, Indoor Recreation Facility, Outdoor Recreation Facility, Bar, Tavern, or Lounge, Private Club, Restaurant, Restaurant, with Drive-Through, Bank or Financial Institution, Printing, Copying, and Publishing Establishment, Laundry Facility, Industrial, Laundry Facility, Self-Service, General Personal Service, Building Materials and Supply Store, Hotel, Motel, Auto Wash, Automotive Fuel Sales, Major Automotive Repair Shop, Minor Automotive Repair Shop, Food Processing, Manufacturing, Self-Service Storage, Warehouse and Wholesale Facility. Information about the City of Denton Denton has been named the 17th Healthiest Housing Market. In August 2015, Wallethub.com ranked Denton as the 17th Overall Healthiest Housing Market and 9th on Affordability & Economic Environment ranks to prospective home buyers out of 300 U.S. cities on 14 key metrics. The key metrics includes with Denton's ranking: unemployment rate (9th), average number of days until a house is sold (17th), percentage of homes underwater (20th), median home-price appreciation (23rd), population growth (32nd), job growth (35th), foreclosure rate (52nd), percentage of mortgage holders in delinquency (45th), number on unsold home owned by banks (70th), and home price as a percentage of income (94th). Denton is the # 7 in Human Capital and Lifestyle by Foreign Direct Investment (fDi). Denton was ranked 7th in North America in Top 10 Small American Cities for the Future 2015/16 for its Human Capital and Lifestyle by the Foreign Direct Investment (fDi) Magazine. The key data points were: number of students, number of international business schools, labor force as a percent of the population, tertiary education, brain drain, literacy rate, secondary and tertiary enrollment rates, third-level students as a percentage of the population, number of physicians per 1000 people, life expectancy, and GDP per capita.

zoning

Zoning Code LI
LI
  • Listing ID: 21825197

  • Date on Market: 12/23/2020

  • Last Updated:

  • Address: 1803 Spring Valley Dr, Denton, TX 76208

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