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Property profile & analytics
OFF-MARKET
Land

455 E & Mcreynolds Rd Sanger, TX 76266

179.65 ac lot
Property ID
Property summary
AI-generated overview

This exceptional 179.65-acre property presents a unique investment opportunity in Sanger, Texas. Located at the intersection of FM 455 E and McReynolds Rd in Denton County, this expansive tract of land offers unparalleled potential for diverse development. Currently unzoned, this land provides flexibility for a wide range of projects, including residential subdivisions, commercial ventures, or a combination thereof. The asking price is $8,950,000, translating to a land value of $50,000 per acre. The property's strategic location in Sanger, TX, 76266, offers convenient access to major transportation routes and amenities. Given its size and versatility, this property is ideal for developers seeking a substantial land holding with significant upside potential. Note that an adjacent 53.905-acre parcel is also available for purchase, presenting an opportunity to acquire an even larger contiguous land holding. This is a rare chance to secure a substantial piece of land in a rapidly growing area of Texas. The property's agricultural, commercial, and residential subtypes allow for a wide variety of uses, making it an attractive investment for both short-term and long-term growth. Detailed surveys and environmental reports are available upon request.

Property profile
Verified
Property type Land
Lot 179.65 ac (7,825,554 SF)
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
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Comparable Approach Comparable
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Blend (final) Blend
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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