520 S Sam Rayburn Fwy, Sherman, TX 75090
- $475,000
- List Price
- $475,000
- Price Change
- ▼ $74,000 1783044645
- MLS#
- 21231798
- Status
- ACTIVE
- Type
- Commercial
- Subtype
- CommercialSale
- Year Built
- 1940
- Construction Status
- Preowned
- Acres
- 0.39
- County
- Grayson
- City
- Sherman
Property Description
Rare opportunity to acquire two commercial buildings situated on two separate legal parcels in one of Sherman's fastest-growing commercial corridors. Located just minutes from US-75, this approximately 4,400-square-foot property offers exceptional visibility, accessibility, and flexibility for owner-users, investors, or redevelopment opportunities. The property features two separate buildings, allowing a buyer to occupy one building while leasing the other, create multiple income streams, or reconfigure the property to meet future business needs. Additional qualities include approximately 14-foot ceiling heights, multiple overhead doors, office reception area, fenced yard space, asphalt parking, and excellent street frontage. Positioned along the Sam Rayburn Freeway corridor, the property is surrounded by significant commercial growth, including continued expansion associated with Texas Instruments, the Denison Gateway development, and other major investments throughout the Texoma region. The two separately platted parcels provide flexibility for future ownership, leasing, or redevelopment strategies that are difficult to find in today's market. This is an outstanding opportunity for investors, owner-users, or businesses seeking a highly visible commercial property in one of North Texas' most active growth markets. Buyer to independently verify zoning, permitted uses, and development requirements with the City of Sherman. ***Building and land only. ****Business operations, equipment, inventory, and personal property are not included in the sale.
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Additional Information
- Unexempt Taxes
- $4,205
- Tenant Pays
- None
- Lot Size
- 16,944
- Acres
- 0.39
- Flooring
- Concrete
- Foundation
- Slab
- Roof
- Metal
- Building Stories
- 1
- Parking Garage
- Garage, On Site, Open, Off Street, Other, Parking Lot, Private, Workshop in Garage
- Possession
- Negotiable
- Proposed Use
- Automotive, Other
- Inclusions
- Building Only, Land & Improvements
Mortgage Calculator
Listing courtesy of Seychelle Van Poole from Keller Williams Realty DPR. Contact: 972-608-0777
Listing provided by North Texas Real Estate Information Systems (NTREIS). Listing data has been deemed reliable but is not guaranteed to be accurate by the MLS.
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