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Property Details:

County or Parish
Denton
Lot Size
50 to =< 100 Acres
Lot Size (Acres)
68.0000
Lot Size Area
68.0000
Lot Size (Square Feet)
2962080.0000
Association Type
None
Restrictions
Easement(s),None
Zoning Description
No City Zoning Outside City Limits Denton County ETJ Maximum Use Flexibility

School Information:

School District
Sanger ISD
Elementary School
Butterfield
Middle School
Sanger
High School
Sanger

Exterior Information:

Lot Features
Acreage
Lot Size
50 to =< 100 Acres
Acres
68.0000
Waterfront
No

Farm and Ranch Info:

Barns Count
0

Map

Flood information: FEMA National Flood Hazard Layer (NFHL). Coverage varies; no shading does not mean no flood risk. This map is informational, not an official flood determination for insurance or lending. Verify current maps at the FEMA Map Service Center.

MLS 21274385

3077 Memory

Denton, Texas
$6,732,000
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Type: Land
UNRESTRICTED HARDENED OPERATING YARD ON IH-35E DAY 1 UTILITY. Recreating this from raw ground would take years of entitlement, significant capital, and most North Texas cities would not permit this use by right. Offering 27.4 to 68.32 AC on the IH-35E service road in unincorporated Denton County, with an improved hardstand yard already in operation. 35-year operating legacy: Continuous heavy outdoor storage use on this exact site with no city zoning or use restriction by ordinance. Ownership commissioned a Phase I Environmental Site Assessment; follow-up soil work is scoped and priced. PRICING AND DIVISIBILITY PORTIONS FROM $3,069,000 40.92 AC Expansion Investment Tract: $3,069,000 at $75,000 per AC 27.4 AC Improved Yard: $4,384,000 at $160,000 per AC 68.32 AC Entire Site: $6,732,000 at $98,536 per AC, $721,000 savings vs sum of parts Seller financing available. Proven uses and demand: Auto dismantling and recycling with 35 years of continuous operation. Fort Worth precedent for phased truck parking; Southeastern Freight Lines committed $30M to a Denton terminal. Adjacent owner pursued concrete batching and was near an LOI. Two on-site wells support water-intensive uses. INFRASTRUCTURE INVESTMENT TxDOT I-35 North Improvement Project: $187M allocated to widen I-35 from 4 to 6 lanes plus continuous frontage roads directly fronting the property. Part of a $1.25B plus Denton County corridor reconstruction program enhancing long-term truck access and capacity. Approximately 900 feet of IH-35E service road frontage with multiple access points. Several uses can produce income from day one, including yard leasing, fleet and truck parking, dismantling, or batching, because the hardstand, utilities, and operating history are already in place. An investor can underwrite the current use rather than a four-year entitlement outcome and phase the 27.4-acre yard and 40.92-acre balance separately.
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Listed by: Donna Kemp-Long
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Tony C Hager

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