Automotive Retail Land with
1404 N Stemmons Sanger, TX 76266
New
1404 N Stemmons, Sanger, TX, 76266
$624,900
For Sale
$624,900
LAND - Sanger, TX
Property Size1,380 SF
Lot Size0.92 Acres
Price / SF$452.83
Days on Market2
Property Features for 1404 N Stemmons
General Information
- Property type
- Land
- Property subtype
- Other
- Standard status
- Active
- APN
- R60301
- Lot size
- 0.92 Acres
Taxes and HOA fees
- Tax Description
- A0029A R. BEEBE, TR 125, .918 ACRES, OLD DCAD
Utilities
- Sewer type
- Public Sewer
- Water source
- Public
Building Details
- Year built
- 1960
Listing Agency
Newland Real Estate, Inc.
(940) 565-8326
Denton, TX
Listed by
Jeff Higgs · License #0594143
(940) 565-8326
Added: Jul 17 Checked: Jul 18 at 12:06 am
MLS# 21329969
Listing URL
Copyright © 2026 North Texas Real Estate Information Systems, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Investment Insights
Based on property information with market context.
This for-sale commercial site includes a land parcel with a former auto dealership building and multiple site improvements. The building provides a flexible layout for a variety of business uses, along with a covered carport and a large storage shed. Concrete parking is on site, supporting vehicle-oriented operations.
The property is located in Sanger and features approximately 1 acre of highly visible frontage along I-35, plus over 200 feet of road frontage for strong site presence. The site’s access and exposure are designed to capture interstate traffic.
The property is zoned B-2, which supports numerous retail, office, automotive, and service-related uses. Prospective buyers should verify all zoning, restrictions, and permitted uses prior to purchase.
The property is located in Sanger and features approximately 1 acre of highly visible frontage along I-35, plus over 200 feet of road frontage for strong site presence. The site’s access and exposure are designed to capture interstate traffic.
The property is zoned B-2, which supports numerous retail, office, automotive, and service-related uses. Prospective buyers should verify all zoning, restrictions, and permitted uses prior to purchase.
Key Highlights
- Approximately 1‑acre commercial site with highly visible I‑35 frontage and over 200 ft of road frontage in Sanger
- 1,380 SF building previously used as an auto dealership with a flexible layout for a variety of business uses
- Covered carport plus large storage shed, and approximately 20,000 SF of concrete parking
Local Financial Insights For Retail
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $34.4k | $24.96 |
| − Vacancy | −$1.7k | −$1.25 |
| EGI | $32.7k | $23.71 |
| − OpEx | −$9.8k | −$7.11 |
| NOI | $22.9k | $16.60 |
1,380 SF · lease $24.96/SF/yr · vacancy 5.00% · expense 30.00%
Alternative Uses
Best Use
Retail
$327.2K
$286.3K – $381.8K
NOI $22,906 @ 7.0% cap · market cap 3.67%
Second Best
Industrial
$101.2K
$88.5K – $118.1K
NOI $7,083 @ 7.0% cap · market cap 1.13%
Theoretical Best
Multifamily LT 5
$19.30M
$16.89M – $22.51M
NOI $1,350,895 @ 7.0% cap · market cap 216.18%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
U-Haul Neighborhood Dealer
Car Rental Facility
BUILDINGSMART OF DALLAS
Production Facility
Similar For Sale Nearby
FAQs
What type of property is this?
Commercial land - Commercial land with an auto dealership building, covered carport, storage shed, and concrete parking with interstate frontage.
Where is this commercial land located?
The property is located at 1404 N Stemmons Sanger, TX.
What is the asking price?
The asking price for this property is $624,900.
What are key features of this property?
This property features: Approximately 1‑acre commercial site with highly visible I‑35 frontage and over 200 ft of road frontage in Sanger; 1,380 SF building previously used as an auto dealership with a flexible layout for a variety of business uses; Covered carport plus large storage shed, and approximately 20,000 SF of concrete parking
