This exceptional 3.6-acre commercial land parcel presents a remarkable investment opportunity in the rapidly growing North DFW area. Situated on a prime corner lot at the intersection of Highway 377 and Potter Shop Road, this property boasts 453 feet of frontage on Highway 377 and 305 feet on Potter Shop Road, providing exceptional visibility and accessibility. The location offers easy access to Highway 380, placing it within close proximity to major retailers such as Walmart, Starbucks, CVS, Bank of America, and McDonald's. High traffic counts are a key feature, with Highway 377 registering 10,978 vehicles per day and Highway 380 showing 43,715 vehicles per day (2022 data). The property's zoning is currently residential, but the city's future use plan designates it for commercial retail use, making it ideal for development. Access driveways are available from both Highway 377 and Potter Shop Road. The asking price is $2,400,000, and the property is offered fee simple. This is a fantastic opportunity for developers or investors looking to expand their land holdings in a high-growth area. All information is deemed reliable but not guaranteed
Valuation by Paperhouses methods
Valuation date:
Dec 11, 2024
Alternative Use
Use
Valuation
Residential
$414,110
Hospitality
$379,323
Educational
$315,592
Medical
$326,446
Retail
$490,921
Location Insight
City
Aubrey
County
Denton
State
Texas
Latitude
33.2333
Longitude
-97.0005
CBSA code
19100
CBSA name
DALLAS-FORT WORTH-ARLINGTON, TX METROPOLITAN STATISTICAL AREA
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Disclaimer
The property value estimates provided on this website are automated calculations based on publicly available data, user-submitted information, and proprietary algorithms. These estimates are not appraisals and should not be used as a substitute for a professional valuation by a licensed appraiser.
We do not guarantee the accuracy, reliability, or completeness of these estimates, as market conditions, property features, and other factors may affect actual property values. Users should conduct their own due diligence and consult with a real estate professional before making financial or investment decisions.
By using this service, you acknowledge and accept that all estimates are provided for informational purposes only and that this website assumes no liability for any reliance on the provided valuations.
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