The City of Denton is offering the surplus property located at 702 S. Locust St. for sale via a sealed‑bid process. Interested parties must submit a complete bid package—including a purchase offer agreement, “as‑is” condition form, proof of funds, and various certifications—through the Ion Wave electronic system or by hard copy no later than September 2, 2026. Bids are evaluated on responsiveness, completeness, and the ability to close; the highest responsible bid will be awarded pending City Council approval. The property is conveyed “as‑is, where‑is” with all existing easements, zoning, and title conditions, and the buyer must conduct due diligence. The solicitation includes numerous mandatory attachments and a 120‑day acceptance period after award.
• Property: 0.3766 acre lot, legal description BLOUNT BLK D LOT 1, Denton, TX
• Sale type: Surplus real‑estate sealed‑bid sale (AS‑IS)
• Submission deadline: 02:00 PM CT, 2 Sept 2026 (Ion Wave or sealed hard copy)
• Required documents: Purchase offer agreement, “as‑is” condition form, No‑Title policy, certification of no debts, proof of funds, conflict‑of‑interest questionnaire, closing form
• Evaluation criteria: Responsiveness, completeness, ability to close, earliest timestamp as tie‑breaker
• Award: Subject to City Council approval; no specific award date disclosed
• Buyer responsibilities: Pay purchase price, obtain title, satisfy any zoning/easement conditions, close within the acceptance period (120 days)