973 STONECREST ROAD, ARGYLE, TX 76226
Homes for sale in Argyle.
Homes for sale in 76226.
List Price$3,100,000
973 Stonecrest Road
Argyle, TX 76226
Listing #20382621
26,000
Square Feet
5
Number of Units
Commercial
Type
About This Property
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!
Property Features
Location Information
County
Denton
Subdivision
FRASHER ADDN
Interior Features
Has Fireplace
No
Floors
Concrete
Heating
Electric
Total Number of Units
5
Cooling
Electric
Exterior Features
Construction
MetalSiding
Lot Size in Sq. Ft.
147,799
Foundation
Slab
Zoning
Unincorporated mixed use
Roof
Metal
Building Total Area (Sq. Ft.)
26,000
Parking Description
AdditionalParking, Assigned, Gravel
Road Description
CityStreet, Gravel
Lot Size in Acres
3.393
Is One Story
No
Additional Information
Year Built Details
Preowned
Year Built
2019
Property Type
COM
Status
Closed
Property SubType
Industrial
Lot Acres Source
Public Records
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