Pending
973 Stonecrest Road
Argyle TX, 76226
$3,100,000
$119.23 per sqft
Pending
26,000 sqft
Commercial
Built in 2019
Rare commercial opportunity in Argyle, Owner Agent relocating! Sell all or Part! A 3.4 acre property with 26,000 square feet of flex space with existing pad sites to add an additional 10,000 square feet or utilize for RV or Boat Storage. Currently 100% leased at 30% or more under current market rates, with cash flow of over $18,000 per month, current cap rate is 6.5%. There have been only 3 vacancies in the past 5 years, none having duration of more than a week or two. The buildings are newer, ranging from 1 to 5 years old and demised into 1,250 to 2,500 sq ft units, aggressively priced at under $120 per sq ft.
This property is located in a growth area near FM407 and 35W in unincorporated Denton County, surrounded by multiple commercial and new housing projects including, Canyon Falls, Pecan Square, Harvest Meadows, Robison Ranch and more even larger additions being added very soon in Northlake and Flower Mound. Come check it out today!
20382621
MLSⓇ ID
October 2, 2024
Updated
Map
973 Stonecrest Road
Argyle TX, 76226
Interior Features
Total Stories
1
Floor Description
Concrete
Fireplace
No
Cooling
Yes
Cooling Description
Electric
Heating
Yes
Heating Description
Electric
Exterior/Building Features
Lot Size
3.39 Acres
Roof
Metal
Sewer
Aerobic Septic
Other Property Details
Days on Market
8
Garage
No
Parking
Additional Parking, Assigned, Gravel
View
No
County
Denton
Water Source
Public
Pool
No
Listed by Daniel Bode with SUMMIT, REALTORS
Listing Contact: 347-878-2526
The IDX display contains information sourced from the North Texas Real Estate Information Systems, Inc. as of 10/2/2024. This data is intended solely for personal, non-commercial use and is not to be utilized for any other purposes except to identify potential properties for purchase. Although the MLS data displayed is typically considered reliable, it is not guaranteed to be accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and are advised to conduct their own investigations or seek professional assistance. Other sources besides the Listing Agent may have contributed to the MLS data presented. Unless expressly specified in writing, the Broker/Agent has not confirmed any information obtained from external sources. The Broker/Agent may or may not have acted as the Listing and/or Selling Agent and cannot guarantee the accuracy of property locations displayed on any map. Any compensation offers are solely made to participants of the MLS where the listing is registered.
©2024 North Texas Real Estate Information Systems, Inc. all rights reserved.
Data last updated on 10/2/2024 at 4:49 AM UTC