Automotive Property with Covered
For Sale
$624,900
1404 N Stemmons Freeway, Sanger, TX 76266
CommercialSale, Sanger, TX
Property Size1,380 SF
Lot Size0.92 Acres
Price / SF$452.83
Days on Market92
Property Features for 1404 N Stemmons Freeway
General Information
Property type
Commercial Sale
Property subtype
Other
Zoning description
B-2
Parking features
Parking Lot
Subdivision
R Bebee
Directions
See GPS
Standard status
Active
APN
R60301
Size
1,380 SF
Lot size
0.92 Acres
Taxes and HOA fees
Tax Description
A0029A R. BEEBE, TR 125, .918 ACRES, OLD DCAD
Legal Description
A0029A R. BEEBE, TR 125, .918 ACRES, OLD DCAD
Utilities
Sewer type
Public Sewer
Water source
Public
Amenities
covered carport
large storage shed
concrete parking
Building Details
Year built
1960
Floors in Building
1
Number of units
1
Building materials
Rock, Stone
Roof type
Metal
Listing Agency:
Newland Real Estate, Inc.
(940) 565-8326
Listed By:
Jeff Higgs · License #0594143
(940) 206-7540
Added: Jul 15
Changed: Oct 1
Last Checked: Oct 14 at 12:06PM
MLS# 21329945
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 automotive property includes a 1,380-square-foot building constructed in 1960, with a layout previously used for an auto dealership. The site also features a covered carport, a large storage shed, and approximately 20,000 square feet of concrete parking. Rock and stone construction, a metal roof, and public water and sewer serve the improvements.
The property encompasses approximately 0.918 acres at 1404 N Stemmons Freeway in Sanger, Texas. It has approximately 200 feet of road frontage along I-35, providing direct interstate exposure and access. B-2 zoning supports a range of retail, office, automotive, and service-related uses.
The property encompasses approximately 0.918 acres at 1404 N Stemmons Freeway in Sanger, Texas. It has approximately 200 feet of road frontage along I-35, providing direct interstate exposure and access. B-2 zoning supports a range of retail, office, automotive, and service-related uses.
Key Highlights
- 1,380‑square‑foot building constructed in 1960
- Approximately 0.918 acres with I‑35 frontage
- Over 200 feet of road frontage
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$22,906
Cap Rate
3.67%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$458,120
$458.1K
Cap Rate 7%
$327,229
$327.2K
Cap Rate 9%
$254,511
$254.5K
Market Conditions
NOI Build-Up for 1,380 SF
Gross rent
$34.4K $24.96/SF
− Vacancy
−$1.7K −$1.25/SF
EGI
$32.7K $23.71/SF
− OpEx
−$9.8K −$7.11/SF
NOI
$22.9K $16.60/SF
Area
Denton County, TX
Vacancy
5.00%
Lease Rate
$24.96 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$458,120
Cap Rate 7%
$327,229
Cap Rate 9%
$254,511
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 authorities.
How Realmo checks its estimates
Property Analytics
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Current Use
Lease Details
Yes
Highway access
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
65
Businesses Nearby
Well-served
Demand for This Use
Explore this area
Business Placement
Demographics for 76266, TX
16,779
Population
7,211
Households
2.3
Avg Household Size
38
Median Age
26%
College-Educated
89%
High-School Grad
122.1 sq mi
ZIP Area
137
Density / Sq Mi
$95,603
Median Household Income
$49,622
Median Earnings
$1,345
Median Rent
$315,900
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Retail in South region
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Similar Off Market Nearby
- U-Haul Neighborhood Dealer — 203 W Chapman Dr, Sanger, TX 76266
- U-Haul Neighborhood Dealer — 1404 N Stemmons St, Sanger, TX 76266
Frequently Asked Questions
What type of property is this?
Automotive property - B-2 zoning supports retail, office, automotive, and service-related uses.
Where is this automotive property located?
The property is located at 1404 N Stemmons Freeway 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: 1,380‑square‑foot building constructed in 1960; Approximately 0.918 acres with I‑35 frontage; Over 200 feet of road frontage
