2121 N FM 1417, SHERMAN, TX 75092
Homes for sale in Sherman.
Homes for sale in 75092.
List Price$2,695,000
2121 N Fm 1417
Sherman, TX 75092
Listing #21294842
About This Property
This multi-tenant retail property is located at hot location in Sherman, Texas. The property features 18,885 square feet of building space on 3.559 acres of land, with additional buildable land available behind the existing building. The property is currently occupied by a diverse mix of tenants including massage, bookkeeping, gas station, gold and silver shop, donut shop, pizza shops, and ice cream shop. The property is commercially zoned and allows for professional offices, salon suites, recreational facilities, gym, retail shops (except smoking or vape shops), shopping, cafe, restaurants, and other businesses. The property is anchored by Casey's General Stores convenience store and gas station, providing strong traffic and visibility. With a current pro-forma NOI potential of $265,226, this property offers significant value-add opportunity through leasing the vacant spaces. The property is diagonally located near Walmart Neighborhood Market, providing excellent co-tenancy and traffic generation.
Property Features
Location Information
County
Grayson
Subdivision
Western Hills Add Sec 5
Interior Features
Has Fireplace
No
Floors
Concrete, Other
Heating
Central, Electric
Tenant Pays
All Utilities
Cooling
Central Air, Electric
Total Number of Units
9
Exterior Features
Construction
Brick, Frame, Other, Stucco
Lot Size in Sq. Ft.
155,073
Foundation
Slab
Possible Best Use
Food Service, Medical/Dent
Roof
Flat, Other
Zoning
Retail
Utilities
Electricity Available, Sewer Available, Water Available
Building Total Area (Sq. Ft.)
18,885
Parking Description
Common, Open, Outside, Parking Lot
Road Description
City Street
Lot Size in Acres
3.56
Is One Story
No
Additional Information
Year Built Details
Preowned
Status
Active
Property Type
COM
Tax Annual Amount
53684.0
Property SubType
Retail
Lot Acres Source
Public Records
Year Built
1983
Similar Listings
Mortgage Calculator
$12,584
per month
30 Year Fixed. 3.52% Interest Rate.
Principal + Interest
$9,711
Monthly Tax
$2,245
Monthly Insurance
$628
yrs
%
$
$
Based on a fully amortized fixed rate loan. Ask your agent for the tax rates in your area. Insurance estimate is based on an average cost, your final premium cost will be determined by the type of coverage you select. This program only provides an estimate.
Schools
Walk Score
Listing courtesy of
Anoo Sathappun, Redbud Offices LLC

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NTREIS - North Texas data last updated at June 8, 2026, 6:35 PM CT
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