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Industrial Distribution and Manufacturing Facility
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1850 N STEMMONS ST, Sanger, TX 76266

Vacant 43,179 SF warehouse on 4 acres with 23’ clear height, 1 dock door, and 5 drive-in doors plus built-in office.

Property Size43,179 SF
Price / SF$94.95
Days on Market176

Property Features for 1850 N STEMMONS ST

General Information

Standard status Active
Size 43,179 SF
Class C
Property subtype Industrial
Zoning Heavy Industrial
Investment Type Owner/User

Building Details

Year Built 2002
Buildings 1
Stories 2
Units 1
Listing Agency: IronHorn Enterprises
Listed By: Ryan Jenkins · License #0225268974
Source: Crexi
Added: Apr 30 Changed: Oct 7 Last Checked: Oct 20 at 8:22PM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of IronHorn Enterprises

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Investment Insights

Based on property information with market context.

1850 N Stemmons is a vacant industrial facility totaling 43,179 SF on 4 acres, available for immediate occupancy. The building offers 23’ clear height, with 1 dock door and 5 drive-in doors to support a variety of distribution, service, and light manufacturing layouts. The operational mix includes approximately 22.20% office space.

The property is positioned along the North Stemmons (I-35E) corridor, providing direct access to a major DFW logistics route. Connectivity is available to I-635 and SH-121, and the location offers proximity to Dallas Love Field and DFW International Airport.

Designed for flexibility, the facility combines multiple loading types with a meaningful office component, making it suitable for organizations that need both warehouse throughput and on-site administrative space.

Key Highlights

  • Vacant industrial building totaling 43,179 SF on 4 acres, built in 2002
  • 23’ clear height warehouse with 1 dock door and 5 drive‑in doors
  • Built‑in office space comprising 22.20% of the total area for a balanced layout

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$269,118
Cap Rate
6.56%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$5,382,360 $5.4M
Cap Rate 7%
$3,844,543 $3.8M
Cap Rate 9%
$2,990,200 $3.0M
Market Conditions
NOI Build-Up for 43,179 SF
Gross rent
$347.2K $8.04/SF
− Vacancy
−$30.6K −$0.71/SF
EGI
$316.6K $7.33/SF
− OpEx
−$47.5K −$1.10/SF
NOI
$269.1K $6.23/SF
Area
Denton County, TX
Vacancy
8.80%
Lease Rate
$8.04 /SF/Yr
Expense Ratio
15.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$5,382,360
Cap Rate 7%
$3,844,543
Cap Rate 9%
$2,990,200

Alternative Uses

Best Use
Warehouse
$3.84M
$3.36M – $4.49M (±1% cap)
NOI $269,118 @ 7.0% cap · market cap 6.56%
Second Best
Industrial
$3.17M
$2.77M – $3.69M (±1% cap)
NOI $221,626 @ 7.0% cap · market cap 5.41%
Theoretical Best
Multifamily LT 5
$603.83M
$528.35M – $704.47M (±1% cap)
NOI $42,268,344 @ 7.0% cap · market cap 1,030.94%
Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

Contact the owner directly Get the owner's phone numbers and email
Open Analytics

Current Use

Latham Cabinets, Stairs ... General Contractor

Suggested Use

Top Pick Parking Lot & Garage Electrical Service Big Box & Wholesale Store Building Supply Auto Repair Shop (Bike/Boat/Book/etc) Store

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

32
Businesses Nearby
Well-served
Demand for This Use

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
View Realmo Analytics

Market

Vacancy Rate% for Industrial in South region

6% 2019
6.5% 2020
4% 2021
3.5% 2022
6% 2023
7.6% 2024
7.9% 2025

Similar Off Market Nearby

  • StorageNow USA — 1309 N Stemmons St, Sanger, TX 76266
  • Sanger Vehicle Storage — 1810 N Stemmons St, Sanger, TX 76266

Frequently Asked Questions

What type of property is this?
Warehouse - Vacant 43,179 SF warehouse on 4 acres with 23’ clear height, 1 dock door, and 5 drive-in doors plus built-in office.
Where is this warehouse located?
The property is located at 1850 N STEMMONS ST Sanger, TX.
What is the asking price?
The asking price for this property is $4,100,000.
What are key features of this property?
This property features: Vacant industrial building totaling 43,179 SF on 4 acres, built in 2002; 23’ clear height warehouse with 1 dock door and 5 drive‑in doors; Built‑in office space comprising 22.20% of the total area for a balanced layout
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