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Auto Service Retail Building

1404 N Stemmons Freeway Sanger, TX 76266

New
1404 N Stemmons Freeway, Sanger, TX, 76266
$624,900
For Sale
Claim this Listing
$624,900

COMMERCIAL - Sanger, TX

Property Size1,380 SF
Lot Size0.92 Acres
Price / SF$452.83
AddedJul 15
Days on Market2
Last RefreshJul 16 at 12:06 am

Property Features for 1404 N Stemmons Freeway

General Information

Property type
Commercial Sale
Property subtype
Other
Parking features
Parking Lot
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

Utilities

Sewer type
Public Sewer
Water source
Public

Building Details

Year built
1960
Floors in Building
1
Number of units
1
Building materials
Rock, Stone
Roof type
Metal

Listing agent Jeff Higgs License #0594143

Listing office Newland Real Estate, Inc. Denton, TX

Listing date Jul 15, 2026

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 sale offering includes a 1,380 SF building that was previously used as an auto dealership and is laid out for flexible business use. Improvements also include a covered carport, a large storage shed, and approximately 20,000 SF of concrete parking to support customer and vehicle traffic.

The property sits on highly visible I-35 frontage and includes more than 200 feet of road frontage, providing direct exposure to interstate traffic. The site is zoned B-2, which supports a range of commercial activities.

With its combination of a functional dealership-style building and large paved parking area, the property may fit a variety of retail, office, and service-related business plans. Buyer to verify all zoning, restrictions, and permitted uses.

Key Highlights

  • Approximately 1 acre commercial site with about 200' of road frontage and highly visible I‑35 frontage
  • 1,380 SF building previously used as an auto dealership with a flexible layout for various business uses
  • B‑2 zoning allows a range of retail, office, automotive, and service‑related uses (buyer to verify)

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 (±1% cap)
NOI $22,906 @ 7.0% cap · market cap 3.67%
Second Best
Industrial
$101.2K
$88.5K – $118.1K (±1% cap)
NOI $7,083 @ 7.0% cap · market cap 1.13%
Theoretical Best
Multifamily LT 5
$19.30M
$16.89M – $22.51M (±1% cap)
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

Showrooms

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.

FAQs

What type of property is this?
Showroom - Versatile 1,380 SF building with carport, storage shed, and substantial concrete parking on major I-35 frontage.
Where is this showroom 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: Approximately 1 acre commercial site with about 200' of road frontage and highly visible I‑35 frontage; 1,380 SF building previously used as an auto dealership with a flexible layout for various business uses; B‑2 zoning allows a range of retail, office, automotive, and service‑related uses (buyer to verify)
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