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    3 Fm 1417 Sherman, TX 75092

    For Sale
    $450,000

    Unimproved Land - Sherman, TX

    Type:Unimproved Land
    Lot size:
    2.43 Acres
    Days on Market:
    41
    Last Refresh:
    Dec 10 at 7:06 am

    Property Features for 3 Fm 1417

    General Information

    Property type
    Land
    Property subtype
    Unimproved Land
    Standard status
    Active
    APN
    118920
    Lot size
    2.43 Acres

    Building Details

    Architectural style
    Other

    Grand DFW Homes, Inc. (469) 682-7298

    Listing agent Alam Muhammad (469) 682-7298 License #0643339

    Listing date Oct 31, 2025

    MLS# 20941948 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, TX Unimproved Land

    This 2.43-acre parcel of unimproved land is located within the city limits of Sherman, Texas, and is zoned C2. The property benefits from a central location near Highway 82, North Texas Regional Airport, Grayson County College, Walmart, Sam's Club, and Texoma Medical Center. Potential uses for this location include office space, warehouse, flex space, and storage. FM 1417, situated between Highway 82 and 691, has recently undergone expansion along this section.
    Location Intelligence

    Current Use by Public Records

    Commercial land

    Suggested Use

    Restaurant Building Supply Spa & Massage Auto Repair Shop Wholesale Shop Clothing Store Nail Salon Gym & Fitness Hotel & Motel Auto Parts Store

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

    Location Insight

    • Map
    • Local Demand
    City
    Sherman
    County
    Grayson
    State
    Texas
    Longitude
    -96.645112
    Latitude
    33.627695

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    FAQs

    What type of property is this?
    Commercial land - 2.43 acres of commercial land in Sherman, Texas.
    Where is this commercial land located?
    The property is located at 3 Fm 1417 Sherman, TX.
    What is the asking price?
    The asking price for this property is $450,000.
    What are key features of this property?
    This property features: - Zoned C2, allowing for a variety of commercial uses.; - Centrally located near major transportation routes, including new HWY 82 and FM 1417.; - Close proximity to key amenities including North Texas Regional Airport, Grayson County College, Walmart, Sams Club, and Texoma Medical Center.
    (469) 682-7298
    Request Owner's contact information
    3 Fm 1417 Sherman, TX 75092
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    Sherman, TX 75092
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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
    3 Fm 1417 Sherman, TX 75092
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