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© 2023 North Texas Real Estate Information Systems, Inc. All rights reserved. Disclaimer: All information deemed reliable but not guaranteed and should be independently verified. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) nor Sapphire Realty shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. The database information herein is provided from and copyrighted by the North Texas Real Estate Information Systems, Inc. NTREIS data may not be reproduced or redistributed and is only for people viewing this site. All information provided is deemed reliable but is not guaranteed and should be independently verified. The advertisements herein are merely indications to bid and are not offers to sell which may be accepted. All properties are subject to prior sale or withdrawal. All rights are reserved by copyright

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$6,732,000

Active

3077 Memory

Denton, TX 76207

0.00

Acres

119

Days on Market

21274385

MLS#

Land

Structure

Residential

Zone

Contact

UNRESTRICTED HARDENED OPERATING YARD ON IH-35E DAY 1 UTILITY. Recreating this from raw ground would take years of entitlement, significant capital, and most North Texas cities would not permit this use by right. Offering 27.4 to 68.32 AC on the IH-35E service road in unincorporated Denton County, with an improved hardstand yard already in operation. 35-year operating legacy: Continuous heavy outdoor storage use on this exact site with no city zoning or use restriction by ordinance. Ownership commissioned a Phase I Environmental Site Assessment; follow-up soil work is scoped and priced. PRICING AND DIVISIBILITY PORTIONS FROM $3,069,000 40.92 AC Expansion Investment Tract: $3,069,000 at $75,000 per AC 27.4 AC Improved Yard: $4,384,000 at $160,000 per AC 68.32 AC Entire Site: $6,732,000 at $98,536 per AC, $721,000 savings vs sum of parts Seller financing available. Proven uses and demand: Auto dismantling and recycling with 35 years of continuous operation. Fort Worth precedent for phased truck parking; Southeastern Freight Lines committed $30M to a Denton terminal. Adjacent owner pursued concrete batching and was near an LOI. Two on-site wells support water-intensive uses. INFRASTRUCTURE INVESTMENT TxDOT I-35 North Improvement Project: $187M allocated to widen I-35 from 4 to 6 lanes plus continuous frontage roads directly fronting the property. Part of a $1.25B plus Denton County corridor reconstruction program enhancing long-term truck access and capacity. Approximately 900 feet of IH-35E service road frontage with multiple access points. Several uses can produce income from day one, including yard leasing, fleet and truck parking, dismantling, or batching, because the hardstand, utilities, and operating history are already in place. An investor can underwrite the current use rather than a four-year entitlement outcome and phase the 27.4-acre yard and 40.92-acre balance separately.

Property Details

Lot Features: Acreage
Lot Description: Acreage
Acres: 0.002
Lot Size (sqft): 68.0
Property Type: Purchase
Property Subtype Additional: Improved Land
Sewer Information: Septic Tank
Utility Source: Well
Utility Features: Septic Available, Water Available
Subdivision: A0002A J. Ayers Survey
School District: Sanger ISD
Elementary School: Butterfield
Middle School: Sanger
High School: Sanger
County: Denton
Region: Denton
Days on Market (Cumulative): 119
MLS #: 21274385
Property Subtype: ImprovedLand
Parcel Number: 161695
MLS #: 21274385
Address: 3077 Memory

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© 2023 North Texas Real Estate Information Systems, Inc. All rights reserved. Disclaimer: All information deemed reliable but not guaranteed and should be independently verified. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) nor Sapphire Realty shall be responsible for any typographical errors, misinformation, or misprints and shall be held totally harmless. The database information herein is provided from and copyrighted by the North Texas Real Estate Information Systems, Inc. NTREIS data may not be reproduced or redistributed and is only for people viewing this site. All information provided is deemed reliable but is not guaranteed and should be independently verified. The advertisements herein are merely indications to bid and are not offers to sell which may be accepted. All properties are subject to prior sale or withdrawal. All rights are reserved by copyright

Provided By
Listed by Donna Kemp-Long (#0543010)
Listing Office: Donna Kemp-Long (#DKPL01)

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$6,732,000

3077 Memory

Denton, TX 76207

Property Details

Location

Legal

Interested in Purchasing 3077 Memory?

$6,732,000

3077 Memory

Denton, TX 76207

Property Details

Location

Legal

Interested in Purchasing 3077 Memory?