973 STONECREST ROAD, ARGYLE, TX 76226

Homes for sale in Argyle.

Homes for sale in 76226.


Status of the property has changed, please contact for details

List Price$3,100,000

973 Stonecrest Road

Argyle, TX 76226

Listing Image Listing Image

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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