2424 TEXOMA PARKWAY, SHERMAN, TX 75090

Homes for sale in Sherman.

Homes for sale in 75090.


2424 Texoma Parkway

Sherman, TX 75090

Status of the property has changed, please contact for details

List Price$1,000,000

Listing Image Listing Image Listing Image Listing Image Listing Image Listing Image Listing Image

Listing #21099324

1,288

Square Feet

33

Number of Units

Commercial

Type

About This Property

***Significant capital gain tax incentives available in this Opportunity Zone property! Unlock the potential of this versatile 1.15-acre commercial property located at 2424 Texoma Pkwy, Sherman, TX 75090, zoned C-2 (General Commercial) in the heart of a bustling corridor. Previously a 33-unit motel, this site is now primed for redevelopment into a wide range of retail, service, or office uses permitted under Sherman's C-2 zoning, offering endless possibilities for investors and developers. The existing structures can be remodeled into modern suites for businesses such as medical offices, fitness studios, or retail shops, or the site can be cleared for a custom build-to-suit project tailored to your Continued... See Addendum Property Description 1.

Property Features

Location Information

County

Grayson

Subdivision

Sherman

Interior Features

Has Fireplace

No

Floors

Combination

Heating

Central

Tenant Pays

All Utilities

Cooling

Central Air

Total Number of Units

33

Exterior Features

Construction

Brick

Lot Size in Acres

1.15

Foundation

Slab

Lot Size in Sq. Ft.

50,094

Roof

Composition

Possible Best Use

Automotive, Food Service, M

Water / Sewer

Electricity Connected, Sewer Available, Water Available

Zoning

C2-Retail Zone

Utilities

Electricity Connected, Sewer Available, Water Available

Building Total Area (Sq. Ft.)

1,288

Parking Description

Asphalt

Is One Story

No

Additional Information

Year Built Details

Preowned

Status

Active

Property Type

COM

Tax Annual Amount

10966.0

Property SubType

Business

Lot Acres Source

Public Records

Year Built

1948

Similar Listings

Mortgage Calculator

$4,669

per month

30 Year Fixed. 3.52% Interest Rate.

Principal + Interest

$3,603

Monthly Tax

$833

Monthly Insurance

$233

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

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