Paragon Realtors Real Estate

1431-1437 E Mckinney StreetDenton, TX 76209Price: $4,850,000

  • Price: $4,850,000
  • 189 Days on Market
$
$
%
$/month over payments
Federal 30-year interest rate: 6.36% last updated on May 14, 2026
* All Figures are estimates. Check with your bank or proposed mortgage company for actual interest rates.
This product uses the FRED® API but is not endorsed or certified by the Federal Reserve Bank of St. Louis.
  • $4,850,000List Price
  • 6.11Acreage
  • 25,729Square Feet

Ask A Question

Listed by Steve Cook of Steve Cook & Co,REALTORS (903-786-3355)
Prime Investment Opportunity - Bank-Owned Stone & Stucco Retail Center in Denton, TX and in an Opportunity Zone, directly north of and across McKinney Street from the Denton County Courts Complex.... Offered at $4,850,000..... 25,729 SF.....6 Plus Acres..... 1031 Exchange Candidate.... this stone & stucco exterior retail strip center presents an exceptional opportunity for investors seeking both stability and upside potential...... The center spans 28,698 square feet across 3.65 acres.... (plus 2+ acres of extra acreage)...... with 46% occupancy as of June 2025..... immediate income with substantial room for value-add leasing and additional development. Strategically positioned in a high-traffic, growing commercial corridor, this asset benefits from strong visibility and proximity to Denton Courts Complex, restaurants, and local businesses.....could be an ideal location for an Hourly Attorney's Center to serve the attorneys who are in trial across the street at the Denton Courts... This property is bank-owned and could qualify as a candidate for an IRS 1031 Tax-Deferred Exchange, making it ideal for investors seeking to reinvest proceeds and defer capital gains tax...... Additionally......Land ID shows the property lies within a Federally Designated Opportunity Zone.... offering significant long-term tax incentives...... Investors who reinvest capital gains into Qualified Opportunity Zone Property may benefit from....Deferral of Capital Gains Tax until the investment is sold or exchanged....Reduction of deferred gain depending on the holding period....Permanent exclusion of additional gains from the Opportunity Zone tax benefits if held for 10 years or longer......This rare combination of income-producing tenancy, development potential, Opportunity Zone tax benefits, and bank-owned pricing positions this property as an attractive acquisition for value-add, long-term investors, or 1031 exchange buyers......Come look today....

Listing Tools

Property Details of 1431-1437 E Mckinney Street

Property Details

Interior Features

Exterior Features

Utilities and Appliances

Community

Map Location

Based on information submitted to North Texas Real Estate Information Services as of May 21, 2026 12:31 PM EDT. All data is deemed reliable but is not guaranteed accurate by the MLS. All information should be independently reviewed and verified for accuracy. IDX information is provided exclusively for consumers’ personal, noncommercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

Hi there! How can we help you?

Contact us using the form below or give us a call.

Send Us A Message:

I agree to receive marketing and customer service calls and text messages from Christopher Maniet. To opt out, you can reply 'stop' at any time or click the unsubscribe link in the emails. Consent is not a condition of purchase. Msg/data rates may apply. Msg frequency varies. Privacy Policy.

Do not fill in this field:

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

Hi there! How can we help you?

Contact us using the form below or give us a call.

Send Us A Message:

Do not fill in this field:

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

Hi there! How can we help you?

Contact us using the form below or give us a call.

Send Us A Message:

Do not fill in this field:

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

Do not fill in this field:

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

Do not fill in this field:

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

Do not fill in this field:

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

$

Do not fill in this field:

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.