2299 Chapman Rd Sanger, TX 76266
- Neighborhood centers
- 199,940 SF
- 4.59 lot acres
Current Use by Public Records
- Neighborhood centers
Property Details for 2299 Chapman Rd
- Lot size
- 4.59 lot acres
- Property size
- 199,940 SF
- Property type
- Neighborhood centers
- Property subtype
- Retail properties
Description
This exceptional 4.59-acre property, located at 2299 W Chapman Rd in Sanger, Texas (zip code 76266), presents a remarkable investment opportunity in a rapidly growing area of Denton County. Currently zoned B-2, this site offers 199,940 square feet of potential development space, ideal for a strip center or multiple pad sites. The asking price is $1,779,470, translating to $8.90 per square foot. The land value alone is $9.50 per square foot. The property boasts over 750 feet of frontage on FM 455 (Chapman Rd), a major east-west thoroughfare, and is conveniently located west of I-35. The City of Sanger has designated this area a "High Priority Zone," indicating potential incentives for developers. Significant residential growth is projected for Sanger, with several large-scale housing developments underway, including the Belz Road Retail project and Project Lane Ranch, adding thousands of new residential units. This influx of residents will create increased demand for retail and commercial services, making this property ideally positioned to capitalize on the area's booming growth. The property's proximity to Sanger ISD schools, with a recently increased student population and a new high school under construction, further enhances its appeal. The ongoing expansion of FM 455 will improve accessibility and visibility. This property is ready for immediate development or represents a strong land investment for future growth. A nearby mixed-use development, including a new grocery store, is also planned, adding to the area's commercial appeal. Utilities are readily available due to the property's location within city limits. The property's current zoning allows for most retail and service uses. The seller is offering a "Bonus Property" (details available upon request) consisting of approximately 21 acres with mixed-use potential.
Value Estimation
-
CAP approach
-
Comparable approach
-
Alternative Use
Location Insight
- Map
- Local Demand
- City
- Sanger
- County
- Denton
- State
- Texas
- Longitude
- -97.1919
- Latitude
- 33.3672
