For Sale
$1,779,470

2299 Chapman Rd Sanger, TX 76266

Prime 4.59-acre strip center site in Sanger, TX.

Overview

Added:
Dec 11, 2024
Days on market:
133
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.

Highlights

  • $1,779,470 asking price for a 199,940 square foot retail strip center on 4.59 acres.
  • $8.90 price per square foot; $9.50 per square foot land value.
  • B-2 zoning permits most retail and service uses.
  • Located in Sanger, Texas, a rapidly growing city in Denton County, with city incentives available for development in a high-priority zone.
  • Excellent highway frontage on FM 455, soon to be widened, and proximity to I-35.

Property Details for 2299 Chapman Rd

Property type
Neighborhood centers, Retail properties
Square Feet
199,940 SF
Lot Size (sq. ft)
199,940 SF

Location Insight

City
Sanger
County
Denton
State
Texas
Latitude
33.367168882452
Longitude
-97.191912582109

FAQs

What type of property is this?
Neighborhood center - Prime 4.59-acre strip center site in Sanger, TX.
Where is the neighborhood center located?
The property is located at 2299 Chapman Rd Sanger, TX.
What is the asking price?
The asking price for this property is $1,779,470.
What are key features of this property?
This property features: $1,779,470 asking price for a 199,940 square foot retail strip center on 4.59 acres.; $8.90 price per square foot; $9.50 per square foot land value.; B-2 zoning permits most retail and service uses.
How can I contact the broker?
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2299 Chapman Rd
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