209 Southland Dr Sanger, TX 76266
This exceptional 1.23-acre commercial lot, located at 209 Southland Drive in Sanger, Texas (zip code 76266), presents a unique investment opportunity. Priced at $399,000, this property boasts a prime location with excellent visibility and accessibility. Its strategic position offers future access to 5th Street, providing convenient access to and from I-35. The lot is situated directly across from a carwash and south of a steakhouse and a future Dollar Tree, ensuring high traffic and visibility. A survey is readily available for review. City utilities are available, making development straightforward. The property is zoned B-1 Business district, allowing for a variety of commercial uses including office facilities, neighborhood shopping, and retail and commercial service facilities. This zoning designation reflects the property's suitability for businesses catering to the community's daily needs. Furthermore, the property benefits from the planned TxDOT I-35 expansion project and the addition of a new entrance from 5th Street, promising increased traffic flow and enhanced accessibility in the future. Potential buyers are responsible for verifying all information.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
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Property description
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Costs & Benchmarks
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Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.