Com-sale

0.01 Acre - 8989 FM423, Little Elm, Denton, Texas, United States 75068

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Property Description

AUCTION NOV 16-18. RARE BILLBOARD Permit EASEMENT. Property is 1 OF ONLY 2 permitted through Little Elm, fronting FM 423, a major connecting 6 lane road from Dallas to US Hwy 380. Daily traffic count approx 60,000 cars. City of FRISCO does NOT allow billboards, Little Elm is not granting any new easements. Currently leased to Clear Channel with a 2021, 10-yr contract. The contract is a % of gross revenue lease for the advertisements, with option to extend for addt’l 10 yrs.Traffic count has doubled in the last 2 yrs. FM 423 is only connector road south from I-35E in Denton. Selling addt’l or separately to the Billboard, is a commercial building. Purchase one or both at auction.Do not miss this RARE opportunity!

Basic Details
Property Type : Com-sale
Listing Type : For sale
Price : $2,750,000
Year Built : 2010
Acres : 0.01 Acre
Sq Ft Total : 0
Features
Heating System : No air, No heat
Address Map
State : TX
County : Denton
City : Little Elm
Zipcode : 75068
Street : FM423
Street Number : 8989
Floor Number : 0
Longitude : W97° 6' 30.3''
Latitude : N33° 9' 8.4''
MLS Addon
List Agent Full Name : Kenneth Bloskas
List Office Name : North Vine Realty
Building Use : Other
Commercial Features : Other
Foundation Details : Other
Number Of Barns : 0
Number Of Buildings : 0
Number Of Days Guests Allowed : 0
Number Of Lakes : 0
Number Of Leaseable Spaces : 0
Number Of Lots : 0
Number Of Residences : 0
Number Of Spaces Leased : 0
Number Of Stories : 1
Number Of Units : 1
Status : Active
Unit Count : 0
Utilities : City Sewer,City Water
Virtual Tour URL Unbranded : https://www.propertypanorama.com/instaview/ntreis/
Acres Pasture : 0
Acres Cultivated : 0
Acres Irrigated : 0
Lot Size : Less Than .5 Acre (not Zero)
Lot Size Area SQFT : 435.6
Lot Size Units : Acres
Lots Sold Package : 0
MLS : North Texas Real Estate Information Systems
Open House Count : 0
SQFT Land : 0
SQFT Leasable : 30
SQFT Lot : 0
Subdivision Name : NA
Contact Agent!
Com-sale For sale
  • Acres : 0.01 Acre
$2,750,000
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