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    902 Elliott Rd Sherman, TX 75092

    For Lease
    $15 SF/Yr

    Retail - Southmayd, TX

    Type:Retail
    Lot size:
    0.98 Acres
    Days on Market:
    54
    Last Refresh:
    Dec 5 at 6:06 am

    Property Features for 902 Elliott Rd

    General Information

    Property type
    Other
    Property subtype
    Retail
    Standard status
    Active
    APN
    122864
    Parking features
    Parking Lot
    Lot size
    0.98 Acres

    Utilities

    Heating system
    Central
    Cooling system
    Central Air

    Building Details

    Year built
    2017
    Flooring type
    Tile, Tile - Ceramic
    Building materials
    Metal Siding
    Roof type
    Metal
    Architectural style
    Other

    CENTURY 21 Dean Gilbert, Realtors (903) 893-5188 [email protected]

    Listing agent Grant Gilbert (903) 893-5188 License #0798907

    Listing date Oct 13, 2025

    MLS# 21085287 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

    Retail Space on Highway 289

    Located on Highway 289 near Highway 56, this retail space benefits from high traffic volume. The property, situated on a 0.978-acre lot, is newly built out and designed for use as a convenience store, grocery store, or liquor store. The lease includes a walk-in drink cooler, counters, and shelving. This property is located in Southmayd, Grayson County, Texas.
    Location Intelligence

    Current Use by Public Records

    Outlaw Off-Road & Performance Car Repair And Maintenance Service unique motors Auto Repair Shop

    Suggested Use

    Building Supply Spa & Massage Wholesale Shop Auto Repair Shop Hotel & Motel Storage Facility Convenience Store Wine and Liquor Store

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

    Location Insight

    • Map
    • Local Demand
    City
    Sherman
    County
    Grayson
    State
    Texas
    Longitude
    -96.698547
    Latitude
    33.626973

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    FAQs

    What type of property is this?
    Grocery and convenience store - Retail space suitable for convenience, grocery, or liquor store.
    Where is this grocery and convenience store located?
    The property is located at 902 Elliott Rd Sherman, TX.
    What is the lease rate?
    The lease rate is $15 SF/Yr.
    What are key features of this property?
    This property features: - High-traffic location on Hwy 289 near Hwy 56.; - Newly built-out space suitable for convenience, grocery, or liquor store.; - Includes walk-in drink cooler, counters, and shelving.
    (903) 893-5188
    Request Owner's contact information
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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
    902 Elliott Rd Sherman, TX 75092
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