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    220 S Elm St Sherman, TX 75090

    New
    For Sale
    $435,000

    Business - Sherman, TX

    Type:Business
    Lot size:
    0.33 Acres
    Days on Market:
    2
    Last Refresh:
    Dec 5 at 9:06 am

    Property Features for 220 S Elm St

    General Information

    Property type
    Commercial Sale
    Property subtype
    Business
    Standard status
    Active
    APN
    163577
    Lot size
    0.33 Acres

    Utilities

    Heating system
    Central
    Cooling system
    Central Air

    Building Details

    Year built
    1993
    Flooring type
    Carpet, Linoleum, Vinyl
    Building materials
    Brick
    Roof type
    Metal
    Architectural style
    Other

    Bertholf Commercial Real Estate (903) 267-1573

    Listing agent Terrin Bertholf (903) 267-1573 License #0649544

    Listing date Dec 4, 2025

    MLS# 20971697 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

    Sherman Income-Producing Retail Asset

    This property, situated in downtown Sherman, presents an opportunity to acquire an income-producing asset. A tenant is currently in place with approximately 3 years remaining on their NNN lease. The main building is equipped with a metal roof and a recently installed HVAC system. The interior is clean and functional, offering potential for customization or updates. Two additional detached buildings on the site have been utilized as offices or classrooms, providing added versatility. The property is located near Travis Street, Hwy 56, and US-75, and is surrounded by Sherman’s mix of retail, dining, and professional services. The lot size is approximately 0.331 acres.
    Location Intelligence

    Current Use by Public Records

    Bull Dawg Investigation Private Investigator Ambience Community Services, ... Mental Health Service

    Suggested Use

    Realty agency Restaurant Law Firm Spa & Massage Dental Office Hair Salon Nail Salon Building Supply Clothing Store Gym & Fitness

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Sherman
    County
    Grayson
    State
    Texas
    Longitude
    -96.611356
    Latitude
    33.634368

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    FAQs

    What type of property is this?
    Retail space - Downtown Sherman property with tenant in place and versatile buildings.
    Where is this retail space located?
    The property is located at 220 S Elm St Sherman, TX.
    What is the asking price?
    The asking price for this property is $435,000.
    What are key features of this property?
    This property features: - Income-producing property with tenant in place and approximately 3 years remaining on NNN lease.; - Convenient downtown Sherman location near Travis Street, Hwy 56, and US-75, surrounded by retail, dining, and professional services.; - Main building features a durable metal roof.
    (903) 267-1573
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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
    220 S Elm St Sherman, TX 75090
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