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973 Stonecrest Road, Argyle, TX 76226
$3,100,000 Sale Pending
973 Stonecrest Road, Argyle, TX 76226View this property at 973 Stonecrest Road, Argyle, TX 76226
973 Stonecrest RoadArgyleTX76226
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Property Description
Rare commercial opportunity in Argyle, Owner Agent relocating! Sell all or Part! A 3.4 acre property with 26,000 square feet of flex space with existing pad sites to add an additional 10,000 square feet or utilize for RV or Boat Storage. Currently 100% leased at 30% or more under current market rates, with cash flow of over $18,000 per month, current cap rate is 6.5%. There have been only 3 vacancies in the past 5 years, none having duration of more than a week or two. The buildings are newer, ranging from 1 to 5 years old and demised into 1,250 to 2,500 sq ft units, aggressively priced at under $120 per sq ft. This property is located in a growth area near FM407 and 35W in unincorporated Denton County, surrounded by multiple commercial and new housing projects including, Canyon Falls, Pecan Square, Harvest Meadows, Robison Ranch and more even larger additions being added very soon in Northlake and Flower Mound. Come check it out today!
Full Property Details
Full Property Details for 973 Stonecrest Rd
General
- Price: $3,100,000
- Status: Pending
- Type: Warehouse
- MLS ID: 20382621
- Updated: 12/19/2023
- Added to Site: 286 day(s) ago
Business
- Business Type: Warehouse
Interior
- Flooring: Concrete
Parking
- Parking Features: Additional Parking, Assigned, Gravel
Location
- County: Denton
- Subdivision: FRASHER ADDN
- Driving Directions: From 35W go East on FM407 1 mile to Stonecrest Road turn South to 973 Stonecrest Road. From FM1171 Turn North on Hwy 377 to Canyon Falls Road, Turn North on Stonecrest Road to 973 Stonecrest Road.
Heating & Cooling
- Air Conditioning: Yes
- Cooling Type: Electric
- Heating Type: Electric
Utilities
- Sewer: Aerobic Septic
- Water: Public
- Cable Available: Yes
- Utility Description: Cable Available, Electricity Available, Electricity Connected, Septic Available, Water Available
Structural Information
- Detached/Attached: Detached
- Construction: Metal Siding
- Roof: Metal
- Stories/Levels: 1
- Square Feet: 26,000
- Sq. Ft. Source: Public Records
- Year Built: 2019
Lot Features
- Lot Size (Acres): 3.393
- Lot Size (Sq. Ft.): 147,799.08
- Lot Size Source: Public Records
- Frontage: City Street, Gravel
- Zoning: Unincorporated mixed use
Financial Considerations
- Owner Pays: Taxes, Water
- Tenant Pays: Electricity, Insurance, Pest Control, Repairs, Trash Collection
Disclosures and Reports
- Buyer’s Brokerage Compensation: 2.5%
- Special Conditions: Standard
- Inclusions: Land & Improvements
- Property ID: R754364
Listed by Summit, Realtors, Daniel Bode
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Schools
Schools serving 973 Stonecrest Rd
School District:Argyle Independent School District
Rating | Name | Grades | Distance |
---|---|---|---|
800 Eagle Dr, Argyle, TX 76226 | 5-6 | 2.7 mi | |
1050 Harrison Ln, Argyle, TX 76226 | PK-4 | 2.9 mi | |
6601 Canyon Falls Rd, Argyle, TX 76226 | 7-8 | 1.1 mi | |
191 S Highway 377, Argyle, TX 76226 | 9-12 | 0.5 mi |
Disclaimer: School ratings provided by
GreatSchools. Ratings are on a scale of 1-10.
Learn more about GreatSchools ratings.
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 973 Stonecrest Rd
Date
Details
Price
Change
Source
7/16/2023
Listed
$3,100,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Tax History
Tax History for 973 Stonecrest Rd
Year
Property Taxes
Change
Tax Assessment
Change
2022
$13,311
32%
$1,042,449
46%
2021
$10,049
100%
$714,149
30%
2021
100%
$550,000
89%
2019
-100%
$290,998
6%
2019
$6,138
—
$275,132
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 973 Stonecrest Rd
973 Stonecrest Road, Argyle, TX 76226 (MLS# 20382621) is a Warehouse property. 973 Stonecrest Road is currently listed for $3,100,000 and was received on July 16, 2023. Want to learn more about 973 Stonecrest Road? Do you have questions about finding other Warehouse real estate for sale in Argyle? You can browse all Argyle real estate or contact a Coldwell Banker agent to request more information.