Add Listing
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings

    Tr 28 5.0 Acres Lois Road W Sanger, TX 76266

    View on Map
    Claim this Listing
    For Sale
    $650,000

    Improved Land - Sanger, TX

    Lot size:
    5.00 Acres
    Added:
    Apr 7, 2026
    Days on Market:
    12
    Last Refresh:
    Apr 18 at 7:06 pm

    Property Features for Tr 28 5.0 Acres Lois Road W

    General Information

    Property type
    Land
    Property subtype
    Other
    Exterior features
    Fence
    Fencing
    Fenced
    Standard status
    Active
    APN
    R199276
    Lot size
    5.00 Acres

    Building Details

    Architectural style
    Other

    We can help!

    Listing Contact
    Melissa Sanches
    Melissa Sanches

    Listing agent Melissa Sanches License #0579720

    Listing office TX Real Estate Queen & Company 3815 Holly Ridge Drive, Longview, TX

    Listing date Apr 7, 2026

    MLS# 21194425 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.

    Overview

    Improved Land with Development Potential

    This 5-acre property, located off Interstate 35 on Lois Rd W in Sanger, TX, presents opportunities for residential, commercial, or agricultural use. The land is fully fenced and gated, offering privacy and security. Five water taps are in place, one for each acre, supplied by BOLIVER Water, to support multiple build sites, gardening, or animal keeping. Electric access is available through the City Of Sanger Electrical, with existing homes and businesses in the surrounding area. Established trees and a level landscape enhance the property's readiness for development or use as a private retreat. A large, cleared area is suitable for farming, recreation, or keeping animals. The land has been graded, elevations completed and multiple trees strategically placed to make building a home even more seamless. A current survey is available. The property is located near 3172 Lois Rd W, Sanger. The driveway is ample enough to park off road, covert in place at entrance as well.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Commercial land

    Map

    City
    Sanger
    County
    Denton
    State
    Texas
    Longitude
    -97.2076
    Latitude
    33.3623

    Nearby Similar for Sale

    • $399,000

      Commercial Land Parcel in Sanger, TX

      Commercial land parcel with high visibility and convenient access.
      413 Hughes Street, Sanger, TX 76266
      View Details
    • $2,750,000

      Development-Ready Land I-35 Frontage

      7.17-acre commercial tract with I-35 frontage road access.
      2824 E Milam Road, Sanger, TX 76266
      View Details
    • $2,750,000

      Sanger, TX Commercial Land

      7.17-acre commercial tract with I-35 frontage road access.
      2824 Milam Road E, Sanger, TX 76266
      View Details
    • $685,000

      Commercial Land in High-Growth Area

      Unimproved commercial land in a rapidly developing area.
      901 N 6th Street, Sanger, TX 76266
      View Details
    • $595,000

      Lake Ray Roberts Ready-to-Build Lot

      3.28 acre corner lot near Lake Ray Roberts.
      11504 Jones Road, Sanger, TX 76266
      View Details
    • $650,000
      2,190 SF

      Sanger Commercial Land Opportunity

      2.83 acres of B-2 zoned land in Sanger, TX.
      2004 S Stemmons Street, Sanger, TX 76266
      View Details
    • $335,000

      Sanger, TX: 10 Acre Estate

      10 acres of land with road frontage near Bolivar.
      00 Fm 2450, Sanger, TX 76266
      View Details
    • $3,000,000
      5,416 SF

      Sanger Ranch with Creek Frontage

      61+ acre ranch estate with two homes and equestrian facilities.
      10902 Clear Creek Road W, Sanger, TX 76266
      View Details
    • $999,900

      Sanger, TX - Unimproved Land

      Nearly 8-acre tract near Lake Ray Roberts, perfect dream home.
      11858 Fm 1190, Sanger, TX 76266
      View Details
    • $3,000,000
      5,416 SF

      Sanger Estate with Clear Creek Frontage

      61+ acre estate with two homes, barn, arena, and workshop.
      10902 Clear Creek Road W, Sanger, TX 76266
      View Details
    • $849,900
      2,956 SF

      Sanger Ranch Style Retreat

      7-acre estate near Lake Ray Roberts with multiple amenities.
      2300 Union Hill Road, Sanger, TX 76266
      View Details
    • $399,000

      Sanger, TX Five-Acre Tract

      Five-acre tract with utilities, fencing, and building site.
      980 FM 455, Sanger, TX 76266
      View Details

    FAQs

    What type of property is this?
    Commercial land - 5 acre property suitable for residential, commercial, or agricultural use.
    Where is this commercial land located?
    The property is located at Tr 28 5.0 Acres Lois Road W Sanger, TX.
    What is the asking price?
    The asking price for this property is $650,000.
    What are key features of this property?
    This property features: 5 Acres with Residential, Commercial, or AG Usage Potential; Located Directly Off Interstate 35; 5 Water Taps (1 per Acre) with Bolivar Water
    (972) 567-8542
    We can help!
    Listing Contact
    Melissa Sanches
    Melissa Sanches
    Real Estate License ID: 0579720
    Learn More
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!