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4390 US-377 - Salmons Industrial Park

3 - 6 Acre Industrial Land Lots Offered at $1,404,680 - $2,809,360 CAD Per Lot in Aubrey, TX 76227

Investment Highlights

  • No Restrictions
  • Located right on Hwy 377
  • Light or Heavy Industrial Use

Executive Summary

Fantastic opportunity on a major thoroughfare on very rare land in Denton County that has NO RESTRICTIONS!! Land is outside city limits, but is currently in Krugerville ETJ. Land currently has 3 tenants - tenants are not to be disturbed. All tenants have a temporary 60 day lease that can be extended or terminated with a 60 day notice. Located right on Hwy 377 for optimum visibility for your business, and also fronts Stewart Rd, a heavy duty concrete and curbed road. Land is ideal for light or heavy industrial location, or for your retail store front off Hwy 377.

Property Facts

Price $1,404,680 - $5,618,720 CAD
Sale Type Investment
No. Lots 3
Property Type Land
Property Subtype Industrial
Proposed Use
Commercial
  • Industrial
  • Retail
  • Storefront, Retail or Residential
Total Lot Size 12.00 AC

3 Lots Available

Lot 2

Price $1,404,680 CAD
Price Per AC $468,227 CAD
Lot Size 3.00 AC

179 ft road frontage on Stewart Rd - a curbed heavy duty concrete road suitable for heavy industrial traffic. No flood plain. Mobile home will be removed prior to close. Water from Mustang and septic on site.

Lot 3

Price $1,404,680 CAD
Price Per AC $468,227 CAD
Lot Size 3.00 AC

179 ft road frontage on Stewart Rd - a curbed heavy duty concrete road suitable for heavy industrial traffic. No flood plain. Tank is fairly shallow.

Lot 4

Price $2,809,360 CAD
Price Per AC $468,227 CAD
Lot Size 6.00 AC

359 ft road frontage on Stewart Rd - a curbed heavy duty concrete road suitable for heavy industrial traffic. No flood plain. Tank is fairly shallow.

Description

Lot 1 Blk A - 3.279 Acres - $1,200,000 - US-377 Road Frontage (expanding to 6 lane Hwy) - SOLD! Lot 2 Blk A - 3.0 Acres - $1,000,000 - Stewart Rd Frontage Lot 3 Blk A - 3.0 Acres - $1,000,000 - Stewart Rd Frontage Lot 4 Blk A - 6.0 Acres - $2,000,000 - Stewart Rd Frontage TOTAL PRICE ON ALL REMAINING 12 ACRES (LOTS 2-4) = $4,000,000 Fantastic opportunity on a major thoroughfare on very rare land in Denton County that has NO RESTRICTIONS!! Land is outside city limits, but is currently in Krugerville ETJ. Lot 1 is located right on Hwy 377 for optimum visibility for your business, and all other lots front Stewart Rd, a heavy duty concrete and curbed road. Land is ideal for light or heavy industrial location, or for your retail store front off Hwy 377. Buyer can purchase any lot or all remaining 12 acres together. PLAT IS APPROVED - Seller will need and prefers 60-90 day close timeline on contracts to give tenant notice to vacate.

PROPERTY TAXES

PROPERTY TAXES

Parcel Numbers
Multiple
  • R675470
  • R302202
Land Assessment
$158,528 CAD
Improvements Assessment
$62,201 CAD
Total Assessment
$220,729 CAD

zoning

Zoning Code NONE (Lots are subject to Denton County restrictions - no zoning in the county and truly NO deed restrictions. No city zoning - however in Krugerville ETJ.)
NONE (Lots are subject to Denton County restrictions - no zoning in the county and truly NO deed restrictions. No city zoning - however in Krugerville ETJ.)
  • Listing ID: 30177140

  • Date on Market: 2023-11-28

  • Last Updated:

  • Address: 4390 US-377, Aubrey, TX 76227

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