Description
Oasis at Sanger offers a prime residential land development opportunity located on McReynolds Road in Sanger, TX. The property spans 4.14 acres (77,162 square feet) of entitled land, strategically positioned within a growing submarket in Denton County. This site is currently vacant, providing investors with a clean slate for development and value creation in an area experiencing steady population growth and housing demand.
The asking price is $1,800,000, equating to $23 per square foot or $435,327 per acre. With a stabilized cap rate of 5.6% and projected stabilized NOI of $1,012,135,...
Documents
Offering Summary
- Asking Price$1,800,000
- Price PSF$23
- Price/Acre$435,327
- Property TypeLand/Development
- Size77,162 SF
- Available77,162 SF
- Total Acres~4.14 ac
Sale Details
- Stabilized Cap Rate5.60%
- Stabilized NOI$1,012,135
Documents
Property Address
Deal Team
Description
Oasis at Sanger offers a prime residential land development opportunity located on McReynolds Road in Sanger, TX. The property spans 4.14 acres (77,162 square feet) of entitled land, strategically positioned within a growing submarket in Denton County. This site is currently vacant, providing investors with a clean slate for development and value creation in an area experiencing steady population growth and housing demand.
The asking price is $1,800,000, equating to $23 per square foot or $435,327 per acre. With a stabilized cap rate of 5.6% and projected stabilized NOI of $1,012,135,...
Documents
Offering Summary
- Asking Price$1,800,000
- Price PSF$23
- Price/Acre$435,327
- Property TypeLand/Development
- Size77,162 SF
- Available77,162 SF
- Total Acres~4.14 ac
Sale Details
- Stabilized Cap Rate5.60%
- Stabilized NOI$1,012,135
Documents
Property Address
Deal Team
