Updated Feb 19, 2026
Vanguard Real Estate Advisors Represents Buyer In 100 Acre Development Site Sale In Denton
East Sherman Drive
Building Size
100 SF
Asset Type
Development Site
Closing
Feb 4, 2026
About this deal
AI
A 100+/- acre development site was sold along East Sherman Drive (FM-428) in Denton, TX. The asset is positioned within the Denton market.
Summary of transaction details:
- Property Type: Development Site
- Transaction Amount: Not disclosed
- Date: 02/05/2026
- Address: East Sherman Drive (FM-428) Denton
- Brokers: Jordan Cortez & Reid Pierce - Vanguard Real Estate Advisors
Vanguard Real Estate Advisors represented the Buyer in this transaction. The firm is an investment advisory company located in Dallas, providing services such as Investment Sales, Joint Venture Equity Placement, Structured Finance, and Asset Management across all asset classes.
On the Map
Development Site
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Players
Denton Development Site Market Snapshot
Boundary boundary · Development Site · Sale transactions
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
5.80%
Cash-on-Cash
-1.66%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93