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    000 S East & E Magnolia St Sherman, TX 75090

    For Sale
    $195,000

    Unimproved Land - Sherman, TX

    Type:Unimproved Land
    Lot size:
    0.32 Acres
    Days on Market:
    23
    Last Refresh:
    Dec 11 at 1:06 am

    Property Features for 000 S East & E Magnolia St

    General Information

    Property type
    Commercial Sale
    Property subtype
    Unimproved Land
    Standard status
    Active
    APN
    163835 &163836
    Lot size
    0.32 Acres

    Building Details

    Architectural style
    Other

    Sonya Realty, LLC (972) 948-9200

    Listing agent Sonya Rafie (972) 948-9200 License #0330549

    Listing date Nov 19, 2025

    MLS# 21116593 Listing URL

    Copyright © 2025 North Texas Real Estate Information Systems, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Commercial Industrial Lots in Sherman

    Two commercial industrial lots, totaling approximately 13,900 square feet, are available in downtown Sherman. The lots are adjacent to each other and are located next to multiple lots owned by the City of Sherman. The combined frontage on S East Street is approximately 150 feet by 100 feet. Access to the lots is available via a gate on E Magnolia Street. The combined lot size is approximately 0.3191 acres. The parcel tax ID for lot 1 is 163835, and the parcel tax ID for lot 2 is 163836. These lots offer many commercial possibilities.
    Location Intelligence

    Current Use by Public Records

    Commercial land

    Map

    City
    Sherman
    County
    Grayson
    State
    Texas
    Longitude
    -96.60341755
    Latitude
    33.63412118

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    FAQs

    What type of property is this?
    Commercial land - Two commercial industrial lots totaling 13,900 sqft in downtown Sherman.
    Where is this commercial land located?
    The property is located at 000 S East & E Magnolia St Sherman, TX.
    What is the asking price?
    The asking price for this property is $195,000.
    What are key features of this property?
    This property features: - Prime downtown Sherman location.; - Two adjacent commercial/industrial lots totaling approximately 13,900 sqft.; - Approximately 150 ft of frontage on S East Street.
    (972) 948-9200
    Request Owner's contact information
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    Sherman, TX 75090
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    000 S East & E Magnolia St Sherman, TX 75090
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