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4108 E University Drive, Denton, TX 76208

$5,500,000

  • For Sale
  • Active
  • Commercial Service
  • 371,567 Sq. Ft.
  • 8.53 Acres
4108 E University Drive, Denton, TX 76208View this property at 4108 E University Drive, Denton, TX 76208
4108 E University DriveDentonTX76208
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Outstanding multi-use, commercial property entirely facing the premiere US Hwy 380 corridor which is currently experiencing dynamic, diverse commercial development stretching from Denton to Collin County. The Denton vendor market includes an operational tire dealership and auto & truck leasing and sales enterprise. Property has great potential for future site for apartment community, retail, or public storage facility. Presently, the market is producing positive cashflow from rents for weekend sales booths and approximately 300 parking spaces. It has been officially reported that a new construction housing community will be built on adjoining acreage (South) within the next 2 years. Call agent for financials.

Full Property Details for 4108 E University Dr

General

  • Price: $5,500,000
  • Status: Active
  • Type: Commercial Service
  • MLS ID: 14446847
  • Updated: 7/18/2022
  • Added: 552 day(s) ago

Business

  • Name: Bus incl bus tenants

Interior

  • Flooring: Ceramic Tile, Vinyl

Additional Information

  • Other Features: Other

Parking

  • Parking Features: Open

Location

  • County: Denton
  • Subdivision: M Forrest
  • Driving Directions: From I-35, go E on US Hwy 380 (E. University Drive) - Property is on the SE Corner of Geesling and US Hwy 380.

Heating & Cooling

  • Cooling Type: None
  • Heating Type: None

Utilities

  • Utility Description: Asphalt, Concrete, Curbs, Overhead Utilities

Structural Information

  • Roof: Concrete
  • Ceiling Height: 8 to10 Feet
  • Stories in Building: 1
  • Square Feet: 371,567
  • Sq. Ft. Source: Assessor
  • Current Bldg. Use: Automotive, Other, Storage Warehouse
  • Year Built: 1954

Lot Features

  • Lot Size (Acres): 8.53
  • Lot Size (Sq. Ft.): 371,566.8
  • Lot Size Source: Assessor
  • Lot Dimensions: Metes and Bounds
  • Frontage: Highway
  • Zoning: RES-NEC
  • Lot Description: Sloped

Financial Considerations

  • Owner Pays: Electricity, Gas, Insurance, Other, Taxes
  • Tenant Pays: Insurance

Disclosures and Reports

  • Buyer’s Brokerage Compensation: 2.5%
  • Legal Description: A0417A M. Forrest, TR 262, 8.53
  • Exclusions: BPP of Tenants at car dealership, tire shop, and flea market vendor storage areas and spaces.
  • Inclusions: Business, Land & Improvements, Other
  • APN: R36573
  • Block: A

Listed by United Real Estate, Carlos Galvan and Angelica Guevara Serrano

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NMLS#: 1598647

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Be ready to buy your new home!

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NMLS#: 1598647

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Schools serving 4108 E University Dr

School District:Denton Independent School District
RatingNameGradesDistance
4
Hodge Elementary School
3900 Grant Pkwy, Denton, TX 76208
K-51.5 mi
5
Strickland Middle School
324 E Windsor Dr, Denton, TX 76209
6-83.3 mi
5
Billy Ryan High School
5101 E McKinney St, Denton, TX 76208
9-121.7 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 4108 E University Dr Get Price Alerts and Save Property

Date
Details
Price
Change
Source
3/09/2022
Price Increased
$5,500,000
32.53%
MLS
2/11/2021
Listed
$4,150,000
—
MLS
Get Price Alerts and Save Property
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

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Community Info for 4108 E University Dr

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Listed by United Real Estate, Carlos Galvan and Angelica Guevara Serrano

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4108 E University Drive, Denton, TX 76208 (MLS# 14446847) is a Commercial Service property. 4108 E University Drive is currently listed for $5,500,000 and was received on February 11, 2021. Want to learn more about 4108 E University Drive? Do you have questions about finding other Commercial Service real estate for sale in Denton? You can browse all Denton real estate or contact a Coldwell Banker agent to request more information.

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