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I-35 W @ FM 407 NEC
Argyle, TX 76226
Morrill Crossing, Argle, TX · Land For Sale
·
1.43 AC
INVESTMENT HIGHLIGHTS
- Interstate frontage / FM road frontage
- High barrier to entry
- No highway access to other properties along I-35W for 14 miles
EXECUTIVE SUMMARY
2 parcels - min 1.432ac (62,394sf) up to 2.259ac (97,394sf)
Massive INTERSTATE and FM ROAD frontage with access to BOTH frontage roads.
Ground lease, build to suit, or lease of multi-tenant retail building (will consider sale)
Currently Ag Exempt - under ag lease with low/no cost maintenance to owner
Dry utilities on site / sewer & water to east within close proximity
Community Retail CR zoning (retail, restaurant, convenience store with fuel allowed by SUP, medical)
City zoning district ordinance: https://library.municode.com/tx/argyle/codes/development_standards?nodeId=ARTIIIZO_PT3ZODI_S14.3.44OMREDI
Morrill Crossing is a prime commercial hard corner site at the busiest intersection in the Town of Argyle. According to Zip Atlas, Argyle was ranked fifth among all Texas cities for highest income in 2014. Only four major thoroughfares exist within the Town. These include Robson-Crawford; US 377; FM 407; and Interstate 35W. This leaves only four major intersections within the community. Additionally, there are only four major exits along Interstate 35W between State Highway 114 in Ft. Worth and the Interstate 35 west and 35 east convergences in Denton. These include FM 1171; FM 407; Robson-Crawford; and FM 2499. However, the absence of service roads along this 14-mile section of highway prevents access, with the exception of one site: Morrill Crossing, located at the northeast hard corner of Interstate 35W and FM 407. It is the ONLY property along this section of highway with a frontage road and permitted access.
This site is 15 minutes south of Denton’s CBD; eight minutes north of Tarrant County’s major employment hub that consists of Texas Motor Speedway, Alliance Airport, and BNSF Intermodal Rail Terminal; and 27 minutes north of Ft. Worth’s CBD. Morrill Crossing is surrounded by new, high density residential developments and is centrally located in a region due to experience the highest rate of growth in Denton County over the next 20 years. Within five miles of Morrill Crossing, there are approximately 35,000 homes that are planned or under construction. Morrill Crossing’s trade area extends three miles south; two miles west, half the distance to Justin; four miles north; and three miles east, half the distance to Lantana. Morrill Crossing is zoned community retail and offers unobstructed visibility to over 50,000 vehicles that pass by this property daily.
This site is ideal for fuel services, drug stores, banks, and fast food operations. Multi-tenant retail space is also available for prelease with construction to commence soon. Upon closing, the seller will deliver both sewer and water to the property line with adequate capacity. For more information, contact Stephen Schattner. 972.385.1907 ext 301
Interactive zoning map
https://cityofargyleargy.maps.arcgis.com/apps/instant/basic/index.html?appid=b664ba6f55db45d5a1a093d23bce0748
Ordinance: Building Regulations
https://library.municode.com/tx/argyle/codes/development_standards?nodeId=ARTIIIZO_PT3ZODI_S14.3.44OMREDI
Ordinance: Land Uses Allowe
https://library.municode.com/tx/argyle/codes/development_standards?nodeId=ARTIIIZO_PT4USRE
Massive INTERSTATE and FM ROAD frontage with access to BOTH frontage roads.
Ground lease, build to suit, or lease of multi-tenant retail building (will consider sale)
Currently Ag Exempt - under ag lease with low/no cost maintenance to owner
Dry utilities on site / sewer & water to east within close proximity
Community Retail CR zoning (retail, restaurant, convenience store with fuel allowed by SUP, medical)
City zoning district ordinance: https://library.municode.com/tx/argyle/codes/development_standards?nodeId=ARTIIIZO_PT3ZODI_S14.3.44OMREDI
Morrill Crossing is a prime commercial hard corner site at the busiest intersection in the Town of Argyle. According to Zip Atlas, Argyle was ranked fifth among all Texas cities for highest income in 2014. Only four major thoroughfares exist within the Town. These include Robson-Crawford; US 377; FM 407; and Interstate 35W. This leaves only four major intersections within the community. Additionally, there are only four major exits along Interstate 35W between State Highway 114 in Ft. Worth and the Interstate 35 west and 35 east convergences in Denton. These include FM 1171; FM 407; Robson-Crawford; and FM 2499. However, the absence of service roads along this 14-mile section of highway prevents access, with the exception of one site: Morrill Crossing, located at the northeast hard corner of Interstate 35W and FM 407. It is the ONLY property along this section of highway with a frontage road and permitted access.
This site is 15 minutes south of Denton’s CBD; eight minutes north of Tarrant County’s major employment hub that consists of Texas Motor Speedway, Alliance Airport, and BNSF Intermodal Rail Terminal; and 27 minutes north of Ft. Worth’s CBD. Morrill Crossing is surrounded by new, high density residential developments and is centrally located in a region due to experience the highest rate of growth in Denton County over the next 20 years. Within five miles of Morrill Crossing, there are approximately 35,000 homes that are planned or under construction. Morrill Crossing’s trade area extends three miles south; two miles west, half the distance to Justin; four miles north; and three miles east, half the distance to Lantana. Morrill Crossing is zoned community retail and offers unobstructed visibility to over 50,000 vehicles that pass by this property daily.
This site is ideal for fuel services, drug stores, banks, and fast food operations. Multi-tenant retail space is also available for prelease with construction to commence soon. Upon closing, the seller will deliver both sewer and water to the property line with adequate capacity. For more information, contact Stephen Schattner. 972.385.1907 ext 301
Interactive zoning map
https://cityofargyleargy.maps.arcgis.com/apps/instant/basic/index.html?appid=b664ba6f55db45d5a1a093d23bce0748
Ordinance: Building Regulations
https://library.municode.com/tx/argyle/codes/development_standards?nodeId=ARTIIIZO_PT3ZODI_S14.3.44OMREDI
Ordinance: Land Uses Allowe
https://library.municode.com/tx/argyle/codes/development_standards?nodeId=ARTIIIZO_PT4USRE
PROPERTY FACTS
1 LOT AVAILABLE
Lot
| Price | $3,366,846 | Lot Size | 1.43 AC |
| Price Per AC | $2,350,543.75 |
| Price | $3,366,846 |
| Price Per AC | $2,350,543.75 |
| Lot Size | 1.43 AC |
DESCRIPTION
Interstate frontage / FM road frontage No highway access to other properties along I-35W for 14 miles High barrier to entry Huge traffic Massive commercial demand Limited/no commercial competition Level site - pad ready All utilities on or immediately near site Community Retail (CR) zoning allows for most retail uses (restaurant, retail, salon, medical, fuel (with SUP), entertainment, auto, daycare, etc) Ag exempt / under $5.00 in annual property tax HOTTEST MARKET in the US, in the middle of a 36-square mile growth explosion Nearly 70,000 new homes being added in area, already underway. These include: Furst Ranch: 8,400 units Canyon Falls: 1,800 units Harvest: 3,500 units Pecan Square: 2,900 units Hunter's Ranch: 10,000 units Cole Ranch: 12,000 units Robson Ranch: 7,200 units County Lakes: 1,700 units The Ridge 1,000 units This site is immediately east of Chase, Chick-Fil-A, McDonalds and west of Taco Bell Tom Thumb (major grocer) due to open on the NWC 2026
PROPERTY TAXES
| Parcel Numbers | Improvements Assessment | $0 | |
| Land Assessment | $422 | Total Assessment | $422 |
PROPERTY TAXES
Parcel Numbers
Land Assessment
$422
Improvements Assessment
$0
Total Assessment
$422
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