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 $3,069,00040.92 AC Expansion Investment Tract: $3,069,000 at $75,000 per AC27.4 AC Improved Yard: $4,384,000 at $160,000 per AC68.32 AC Entire Site: $6,732,000 at $98,536 per AC, $721,000 savings vs sum of partsSeller 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 INVESTMENTTxDOT 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.
Listed By
Agency Name: Donna Kemp-Long
Agency Contact: 210-535-1012
Agent Name: Donna Kemp-Long
Shown By
Agency Title: Kelly, Realtors
Agency Phone: (254) 741-1500
Agency Email: info@kellyrealtors.com
Agency Text: (254) 717-6447
Estimated Payment
$ 16,946.01 per month $14,982.51 Principal & Interest $0.00 Property Tax (data not provided by mls) $1,963.50 Homeowner's InsuranceIf the email address was found in our system, your password has been sent. Please check your inbox.
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3077 Memory | MLS# 21274385
This land located at 3077 Memory, Denton, TX 76207 is currently listed for sale with an asking price of $6,732,000. The property has approximately 68.00 Acres. Memory is located within the Sanger ISD school district. Search Denton real estate on www.kellyrealtors.com today.