For Sale
$4,900,000

4354 Us-377 Aubrey, TX 76227

17-acre vacant retail land, US-377 frontage, high visibility.

Overview

Added:
Dec 11, 2024
Days on market:
132
This exceptional 17.49-acre commercial property, located at 4354 US-377 in Aubrey, Texas (zip code 76227), presents a remarkable investment opportunity. Boasting 761,864 square feet of unrestricted land in Denton County, this site offers unparalleled visibility and accessibility due to its strategic positioning with two points of ingress and egress directly onto US-377 and Stewart Road. The property is currently vacant and zoned for a variety of developments, including commercial hubs, industrial buildings, multi-family housing, storage facilities, or even an RV park. US-377, bordering the west side of the property, is slated for expansion to a six-lane divided thoroughfare, further enhancing its future value and accessibility. The land itself is cleared, level, and grassed, ready for immediate development. A Phase One environmental study is complete. An appraisal indicates potential for approximately $700,000 in immediate equity. The asking price for this prime retail investment is $4,900,000. This is an owner/user investment opportunity.

Highlights

  • Excellent access to US 377 and Stewart Rd. via two ingress/egress points.
  • Unrestricted zoning allows for diverse development options, including commercial, industrial, multi-family, and storage facilities.
  • High visibility location offering strong potential for future ROI.
  • US 377 expansion to a six-lane divided highway planned for the property's west side.
  • Level, cleared, and unrestricted land ideal for various developments.
  • Phase I environmental study complete; recent appraisal shows approximately $700,000 in potential equity.

Property Details for 4354 Us-377

Property type
Retail properties
Square Feet
761,864 SF
Lot Size (sq. ft)
762,082 SF

Location Insight

City
Aubrey
County
Denton
State
Texas
Latitude
33.2583508
Longitude
-96.986863

FAQs

What type of property is this?
Retail property - 17-acre vacant retail land, US-377 frontage, high visibility.
Where is the retail property located?
The property is located at 4354 Us-377 Aubrey, TX.
What is the asking price?
The asking price for this property is $4,900,000.
What are key features of this property?
This property features: Excellent access to US 377 and Stewart Rd. via two ingress/egress points.; Unrestricted zoning allows for diverse development options, including commercial, industrial, multi-family, and storage facilities.; High visibility location offering strong potential for future ROI.
How can I contact the broker?
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4354 Us-377
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