110 Acre Development Site - Denton ETJ
$9,850,000
Rector Road, Krum, TX 76249
110 acres
Lot Area
2.06
Price Per Sqft
Details:
Highlights:
- The Site is located approximately 1.5 miles west of Interstate 35 which allows for convenient access to both Fort Worth via Interstate 35W and Dallas via Interstate 35E.
- The Site is advantageously positioned with approximately 7,250 feet of collective frontage along the BNSF Class I rail and access to the Kansas City Southern Class 1 rail directly south of the Site.
- Per CoStar, the Site is located within the Denton Industrial Submarket which achieved an average rent of $10.83 per square foot as of Q1 2025.
- The Site is located within the Denton ETJ, outside of the City of Krum.
- Due to its proximity to Interstate 35 and access to ample railroad frontage, the Site is well suited for industrial development. Other potential uses include outdoor storage, mobile homes, single family, and more.
- An Agricultural Exemption looks to be currently in-place.
- According to the U.S. Census Bureau, Denton County has a current population of approximately 1,037,646 as of 2024, an increase of 3.06 percent from 2023.
- Denton County ranked within the top five counties in the country in 2023 for total population gains according to the U.S. Census Bureau, with an addition of 30,422 people from 2022 to 2023.
- Within ten years, the Denton job market is predicted to grow by up to 50%, which is significantly more than the U.S. average predicted job growth rate of 33.5% for the coming decade.
Description:
Vanguard Real Estate Advisors (“Vanguard REA”) has been exclusively retained by Ownership to offer qualified investors and developers the opportunity to purchase 110+/- acres of rail served land (the “Site”), located along Rector Road in Krum, Texas. The Site is located within the Denton ETJ (Division 2) approximately 1.5 miles west of Interstate 35. The Site has approximately 7,250 feet of frontage along the Burlington Northern Santa Fe (BNSF) Class I rail which merges with the Kansas City Southern (KCS) Class I rail just south of the Site. The Site benefits from its strategic location, ample rail frontage, and proximity to a major interstate. With an asking price of only $2.06 per square foot, the Site represents a unique opportunity to acquire acreage which lends itself to a multitude of uses in a rapidly emerging market.
To gain access to the Due Diligence Vault click on the link below:
https://docsend.com/view/s/aubybtzr6egejxc6
A 1.5% co-broker fee is available to a Co-Broker that sources a Principal that VREA has not previously contact in any fortmat or sent information to regarding this opportunity. A third-party broker must identify their client upon initial contact with VREA.
Documents:
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Flyer_-_Denton_ETJ_110_Acres.pdf
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