1234 Ave A - Development Opportunity
Land | 0.92 acres
Marketing description
The Multifamily Group is pleased to present approximately 0.92 acres of shovel-ready development land in the heart of Denton, Texas. The property is ideally located just three blocks from University of North Texas and within close proximity to Texas Woman's University, placing it near two of the city's largest economic and educational anchors. Additional nearby employers include Denton Independent School District, the City of Denton, the Denton County Courthouse, and Federal Emergency Management Agency.
The area continues to benefit from significant investment, including UNT's new $87 million, 110,000 SF Science and Technology Building, scheduled for completion in 2026. This offering presents a rare opportunity to develop in one of North Texas' fastest-growing university-oriented markets.
Investment highlights
- Fully Approved Architectural and Civil Plans for 30 Units Are Already in Place
- Save an Estimated 12-16 Months in Entitlement and County Approval Timelines
- $75,823 Median Household Income - 5-Mile Radius* (Yardi)
- Visibility from I-35 with 11,000+ Vehicles Passing per Day
- Access to A-Rated Denton ISD Schools (Niche)
- Zoned as Mixed Use Regional (MR) with Flexible Development Potential
- Walking Distance of the University of North Texas with 46,000 Students
- UNT is the 4th Largest University in Texas by Student Population (46,000+ Students)
- H-E-B and Denton's Fifth High School are both Slated to Begin Construction Soon
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