1404 N Stemmons Sanger, TX 76266
LAND - Sanger, TX
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 agent Jeff Higgs License #0594143 (940) 565-8326
Listing office Newland Real Estate, Inc. Denton, TX (940) 565-8326
Listing date Jul 15, 2026
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Investment Insights
Based on property information with market context.
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 |
