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4354 US-377 - 371.92 FEET OF HIGHWAY 377 FRONTAGE

17.49 Acres of Commercial Land Offered at $4,900,000 in Aubrey, TX 76227

Investment Highlights

  • Property has 371' frontage on the east side of US Hwy 377, which will be expanded to a six-lane divided thoroughfare.
  • More than 2,100 new residential lots under development in the immediate area
  • Phase 1 environmental already complete

Executive Summary

WALK INTO APPX $700,000 OF INSTANT EQUITY, RECENT APPRAISAL ATTACHED IN DOCUMENT DESK!
Prime Investment opportunity in a rare unrestricted, unzoned, HIGH GROWTH area of Denton County. (2) surveys - one shows the 2 acre piece recently purchased to give ingress/egress on Stewart Rd for any multifamily/industrial park development, and the 15.5 acre survey of the main portion of the land. Water is located at the street, Sewer is appx 1.5 miles away at the corner of Liberty Rd and Dr. Sanders Rd.

Property Facts

Price $4,900,000
Sale Type Investment
No. Lots 1
Property Type Land
Property Subtype Commercial
Proposed Use
Retail
  • Office
  • Mixed Use
  • Multifamily
  • Auto Repair
  • Carwash
  • Contractor Storage Yard
  • Convenience Store
  • Fast Food
  • Hold For Development
  • Hold For Investment
  • Office Park
  • Restaurant
  • Retail Warehouse
  • Self Storage
  • Service Station
  • Storefront
  • Storefront, Retail or Office
  • Storefront, Retail or Residential
Total Lot Size 17.49 AC

1 Lot Available

Lot

Price $4,900,000
Price Per AC $280,160
Lot Size 17.49 AC

Very level, cleared, grassed pasture land ready for development in a prime UNRESTRICTED area in Denton County. Seller has priced property 500K under market value to allow and assist in buyer bringing sewer line to property for multi family dev.

Description

WALK INTO APPX $700,000 OF INSTANT EQUITY, RECENT APPRAISAL ATTACHED IN DOCUMENT DESK! Incredible opportunity outside city limits in Denton County with rare UNRESTRICTED land! Strategically positioned with not one, but two points of ingress and egress, this land boasts direct access to the bustling US 377 and the convenient concrete and curbed Stewart Rd. Embrace the unparalleled visibility and connectivity that this prime location offers. The land is thoughtfully cleared, grassed, and awaiting the imprint of your visionary development. With unrestricted zoning, this property is a playground for your imagination. Whether you envision a commercial hub, an industrial marvel, or a community of multi-family housing. Could easily be a storage unit facility, RV storage or even an RV park! Denton County is on the rise, and this is your chance to be at the forefront of its growth. Make a strategic investment that not only stands out today but promises exponential returns in the future. Water is located at the street, Sewer is appx 1.5 miles away at the corner of Liberty Rd and Dr. Sanders Rd. Seller WILL SUBDIVIDE to meet buyer's needs - please call listing agent to discuss.

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
R302203
Land Assessment
$0
Improvements Assessment
$0
Total Assessment
$961

zoning

Zoning Code NONE (TxDot Entrance)
NONE (TxDot Entrance)
  • Listing ID: 30688092

  • Date on Market: 1/18/2024

  • Last Updated:

  • Address: 4354 US-377, Aubrey, TX 76227

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