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525 S Locust Street, Denton, TX 76201
$3,500,000
525 S Locust Street, Denton, TX 76201View this property at 525 S Locust Street, Denton, TX 76201
525 S Locust StreetDentonTX76201
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Property Description
This listing includes 525 and 535 S Locust Street with 3 established tenants blocks away from the Historic Downtown Denton Square. The buyer potentially has an option to occupy the entire building, if needed. Approximately .33 acres on the east side of the property has opportunity for development.
Full Property Details
Full Property Details for 525 S Locust St
General
- Price: $3,500,000
- Taxes: $28,641
- Status: Active
- Type: Office
- MLS ID: 20563771
- Updated: 3/18/2024
- Added to Site: 40 day(s) ago
Business
- Business Type: Variety
Interior
- Flooring: Carpet, Combination, Luxury Vinyl Plank, Tile
Parking
- Parking Features: On Site, Parking Lot, On Street
Location
- County: Denton
- Subdivision: Jagoe & Preston
- Driving Directions: From I-35E take Dallas Drive exit. Continue on Dallas Drive then take a left onto Eagle Drive. Take an immediate right onto S Locust Street. Property will be on the right.
Heating & Cooling
- Central air: Yes
- Air Conditioning: Yes
- Cooling Type: Central Air, Electric
- Heating Type: Central, Natural Gas
Utilities
- Sewer: Public Sewer
- Water: Public
- Utility Description: Electricity Connected, Sewer Available, Water Available
Structural Information
- Detached/Attached: Detached
- Construction: Brick, Other, Concrete
- Roof: Composition
- Stories/Levels: 3
- Square Feet: 12,130
- Sq. Ft. Source: Public Records
- Year Built: 1925
Lot Features
- Lot Size (Acres): 1.36
- Lot Size (Sq. Ft.): 59,241.6
- Lot Size Source: Public Records
- Zoning: MN
Financial Considerations
- Tax Amount: $28,641
- Tenant Pays: All Utilities, Common Area Maintenance, Insurance, Taxes
Disclosures and Reports
- Buyer’s Brokerage Compensation: 2.25%
- Special Conditions: Standard
- Legal Description: JAGOE & PRESTON BLK 2 LOT 1, 2(N42' AND E62'),
- Inclusions: Building Only, Other
- Property ID: R40198
- Block: 2
- Lot Number: 1
Listed by Real T Team by eXp, Ashton Young
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Schools
Schools serving 525 S Locust St
School District:Denton Independent School District
Rating | Name | Grades | Distance |
---|---|---|---|
1201 Parvin St, Denton, TX 76205 | PK-5 | 1.6 mi | |
709 W Congress St, Denton, TX 76201 | 6-8 | 0.8 mi | |
1007 Fulton St, Denton, TX 76201 | 9-12 | 1.2 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 525 S Locust St
Date
Details
Price
Change
Source
3/18/2024
Listed
$3,500,000
—
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 525 S Locust St
Year
Property Taxes
Change
Tax Assessment
Change
2023
$28,641
12%
$1,500,000
27%
2021
$25,616
—
$1,185,435
-18%
2021
$25,616
100%
$1,444,269
18%
2019
-100%
$1,224,456
4%
2018
$27,999
4%
$1,173,430
5%
2017
$26,890
-1%
$1,113,155
1%
2016
$27,228
3%
$1,101,581
4%
2015
$26,485
-7%
$1,062,903
-15%
2019
$28,540
9%
$1,248,616
19%
2014
$26,219
6%
$1,047,925
6%
2013
$24,735
—
$987,547
—
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 525 S Locust St
525 S Locust Street, Denton, TX 76201 (MLS# 20563771) is a Office property. 525 S Locust Street is currently listed for $3,500,000 and was received on March 18, 2024. Want to learn more about 525 S Locust Street? Do you have questions about finding other Office real estate for sale in Denton? You can browse all Denton real estate or contact a Coldwell Banker agent to request more information.