Denton, TX 76208,5094 E Mckinney Street
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Denton, TX 76208,5094 E Mckinney Street
Denton, TX 76208,5094 E Mckinney Street
Denton, TX 76208,5094 E Mckinney Street
Denton, TX 76208,5094 E Mckinney Street
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$ 1,289,000
Est. payment /mo
Price Dropped by $10K

5094 E Mckinney Street Denton, TX 76208

2,340 SqFt


UPDATED:

Key Details

Property Type Commercial

Sub Type Business

Listing Status Active

Purchase Type For Sale

Square Footage 2,340 sqft

Price per Sqft $550

Subdivision M Forrest

MLS Listing ID 20877458

Total Fin. Sqft 2340

Year Built 1982

Annual Tax Amount $12,029

Lot Size 6.760 Acres

Acres 6.76

Property Sub-Type Business

Property Description

Denton Commercial Investment Opportunity: 6.7 Acres Across from Ryan High School
This prime 6.7-acre property on E. McKinney St. in Denton presents a significant opportunity for developers, individuals, or investors looking to capitalize on a high-growth area.
With excellent visibility directly across from Ryan High School, this versatile property is currently zoned for mixed-use (RR-R4 for 0.9267 acres) and residential with rezoning potential (5.76 acres). This makes it ideal for a variety of projects, including:
* Retail
* Multi-family developments
* Live-work-play concepts
The property also includes an updated 4-bedroom, 3-bath home, a 1200 sq ft barn-workshop, and ample space for equestrian use, offering even more flexibility for your investment vision. The property is priced based on a recent land appraisal, ensuring a competitive and fair value.
This is your chance to invest in Denton's thriving market.

• Unmatched Development Potential – Positioned in a booming corridor near major residential and light commercial expansion.
• Prime Location – 227 feet of high-visibility frontage on East McKinney Street, directly across from Ryan High School
Bonus Opportunity: An adjacent 1.7-acre commercial mixed-use lot is also available, providing even greater expansion possibilities.Property Highlights:

Location

State TX

County Denton

Zoning Commercial, Mixed Use, Residential

Direction from I-35 E. go toward exit 462 toward Mayhill Rd,onto S-I 35 E. Go for 1.0 mi. Turn right onto E. Mckinney St (FM426). Go for 0.4 mi, Turn right. Go for 0.2 mi. Destination is on the right. See GPS for different routes.

Interior

Heating Central, Electric

Cooling Ceiling Fan(s), Central Air, Gas

Flooring Ceramic Tile

Heat Source Central, Electric

Exterior

Utilities Available Septic, Well

Roof Type Composition

Garage No

Building

Lot Description Acreage, Cleared, Few Trees, Interior Lot, Landscaped, Level, Many Trees, Oak

Foundation Slab

Structure Type Aluminum Siding,Wood

Others

Ownership See Tax

Acceptable Financing Cash, Conventional, FHA

Listing Terms Cash, Conventional, FHA

Special Listing Condition Build to Suit, Survey Available

Virtual Tour https://www.propertypanorama.com/instaview/ntreis/20877458


North Texas Real Estate Info Systems (NTREIS) -MetroTex and Collin County (CCAR)
Listed by Veronica Yeary • All City Real Estate, Ltd. Co.
agent

Paul Tosello

Agent

+1(817) 992-3320

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5094 E Mckinney Street