For Sale
$2,994,912

35W At Fm 407 Argyle, TX 76226

High-traffic I-35W & FM 407 corner lot

Overview

Added:
Dec 11, 2024
Days on market:
132
This exceptional 62,394 sq ft commercial land parcel, located at the hard corner of Interstate 35W and FM 407 in Argyle, Texas (zip code 76226), presents a unique investment opportunity. The property boasts massive interstate and FM road frontage, with access to both frontage roads. Currently under an agricultural lease with minimal maintenance costs for the owner, this site is zoned CR (Community Retail), permitting retail, restaurants, convenience stores with fuel (subject to special use permit), and medical uses. Dry utilities are on-site, with sewer and water readily available nearby. Right-of-way acquisition is complete. The property can be sold as a minimum of 1.43 acres (62,394 sq ft) up to 2.259 acres (97,394 sq ft), offering flexibility for various development scenarios. A ground lease, build-to-suit, or lease of a multi-tenant retail building is possible

Highlights

  • Interstate 35W and FM 407 frontage.
  • High traffic volume.
  • Unique access: No other I-35W highway access for 14 miles.
  • Strong commercial demand with minimal competition.
  • Ag-exempt; under $5 annual property tax.
  • High-growth market: ~70,000 new homes under construction within a 36-square-mile radius.

Property Details for 35W At Fm 407

Property type
Land

Location Insight

City
Argyle
County
Denton
State
Texas
Latitude
33.100477030188
Longitude
-97.223641723999

FAQs

What type of property is this?
Land - High-traffic I-35W & FM 407 corner lot
Where is the land located?
The property is located at 35W At Fm 407 Argyle, TX.
What is the asking price?
The asking price for this property is $2,994,912.
What are key features of this property?
This property features: Interstate 35W and FM 407 frontage.; High traffic volume.; Unique access: No other I-35W highway access for 14 miles.
How can I contact the broker?
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35W At Fm 407
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