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    504 Bolivar Street, Sanger, TX 76266

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    Claim this Listing
    New
    For Sale
    $750,000

    COMMERCIAL - Sanger, TX

    Property size:
    3,760 SF
    Lot size:
    0.23 Acres
    Price / SF:
    $199/SF
    Added:
    Jul 7, 2026
    Days on Market:
    2
    Last Refresh:
    Jul 8 at 2:06 pm

    Property Features for 504 Bolivar Street

    General Information

    Property type
    Commercial Sale
    Property subtype
    Other
    Parking features
    Assigned
    Standard status
    Active
    APN
    R58893
    Lot size
    0.23 Acres

    Taxes and HOA fees

    Tax Description
    O T SANGER BLK 22 LOT 2
    Tax Annual Amount
    2482

    Utilities

    Sewer type
    Public Sewer
    Water source
    Public

    Building Details

    Year built
    1980
    Floors in Building
    1
    Number of units
    2
    Flooring type
    Concrete
    Building materials
    AluminumSiding
    Roof type
    Metal

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    Contact an agent
    Lori Robinson

    Listing agent Lori Robinson

    Listing office TruHome Real Estate Plano, TX

    Listing date Jul 7, 2026

    MLS# 21320283

    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.

    HighLights

    • 3,760 SF commercial property across two buildings (2,400 SF main building plus 1,360 SF second building)
    • Main building includes expansive warehouse space with three overhead roll‑up doors
    • Office area in the main building offers dedicated workspace with easy warehouse access
    • Extensive under‑canopy covered storage provides protected space for trailers, equipment, and inventory
    • Metal roof, aluminum siding, and concrete flooring
    • Public water and public sewer; assigned parking with large concrete parking and loading area

    Overview

    This for-sale commercial property consists of two separate buildings totaling 3,760 square feet, designed for flexible use by an owner-operator or business that needs multiple work areas. The main 2,400-square-foot building includes expansive warehouse space with three overhead roll-up doors, along with a dedicated office area connected for practical day-to-day operations. The second 1,360-square-foot building can support additional office use, storage, showroom space, or support functions. Between and around the buildings, the site includes extensive under-canopy covered storage for protected space for trailers, equipment, inventory, or outdoor work.

    The property is located at 504 Bolivar Street in Sanger, Texas, on a 0.23-acre lot. A large concrete parking and loading area supports delivery and employee/fleet access, and the layout is set up to accommodate multiple business uses or the option to lease one building while occupying the other.

    With warehouse access, functional office space, and covered storage on the same site, the property may fit operations that require both indoor work and protected equipment handling, such as automotive service or trade/contractor headquarters-style uses, as well as storage and distribution-oriented needs. The two-building configuration provides room to separate front-office activity from warehouse and storage functions.

    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 $93.8k $24.96
    − Vacancy −$4.7k −$1.25
    EGI $89.2k $23.71
    − OpEx −$26.7k −$7.11
    NOI $62.4k $16.60
    3,760 SF · lease $24.96/SF/yr · vacancy 5.00% · expense 30.00%

    Alternative Uses

    Best Use
    Retail
    $891.6K
    $780.1K – $1.04M (±1% cap)
    NOI $62,410 @ 7.0% cap · market cap 8.32%
    Second Best
    Office B
    $746.9K
    $653.5K – $871.4K (±1% cap)
    NOI $52,283 @ 7.0% cap · market cap 6.97%
    Theoretical Best
    Multifamily LT 5
    $52.58M
    $46.01M – $61.35M (±1% cap)
    NOI $3,680,701 @ 7.0% cap · market cap 490.76%
    Zoning and permitted uses should be independently verified with local authorities.
    Property Profile Location Intelligence

    Current Use by Public Records

    Gentle's Oil & Tires Auto Repair Shop

    Suggested Use

    Law Firm Real Estate Agency Pharmacy (Bike/Boat/Book/etc) Store Furniture & Home Goods Barber Shop (Bike/Boat/Book/etc) Store Electrical Service Kitchen & Bath Showroom Carpet & Flooring Store

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Sanger
    County
    Denton
    State
    Texas
    Longitude
    -97.174425
    Latitude
    33.36193

    FAQs

    What type of property is this?
    Flex space - Two-building property with roll-up warehouse access, office space, and under-canopy covered storage for flexible operations.
    Where is this flex space located?
    The property is located at 504 Bolivar Street Sanger, TX.
    What is the asking price?
    The asking price for this property is $750,000.
    What are key features of this property?
    This property features: 3,760 SF commercial property across two buildings (2,400 SF main building plus 1,360 SF second building); Main building includes expansive warehouse space with three overhead roll‑up doors; Office area in the main building offers dedicated workspace with easy warehouse access
    More about this property
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