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Sherman Commercial Property for Sale
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1002 N Walnut St, Sherman, TX

Commercial property near historic downtown Sherman and Austin College.

Property Size21,976 SF
Lot Size2.24 Acres
Days on Market925

Property Features for 1002 N Walnut St

General Information

Standard status Active
Size 21,976 SF
Lot size 2.24 Acres
Property subtype RETAIL
Listing Agency: CenterPoint Commercial Properties
Listed By: Bill Wastoskie · License #470936
Source: Moodyscre
Added: Apr 17, 2024 Changed: Oct 25 Last Checked: Oct 28 at 8:15AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of CenterPoint Commercial Properties

Rey
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Review the available facts, identify missing information and prepare questions for the agent.

Investment Insights

Based on property information with market context.

This commercial property, encompassing 21,976 square feet, is located near the intersection of Travis Street and Highway 75, in close proximity to historic downtown Sherman and Austin College. The site features a multiple-story building and includes additional land that could be used to expand parking facilities or the building itself. The property may be suitable for mixed-use development.

Key Highlights

  • Commercial property located near the Travis and Hwy 75 intersection.
  • Close proximity to historic downtown Sherman and Austin College.
  • Multiple story building.

Property Analytics

Who owns this building? See the owner, sales and loan history
Open Analytics

Current Use

Cloverfield Preschool High School

Suggested Use

Top Pick Parking Lot & Garage (Bike/Boat/Book/etc) Store Tech Support Center Travel Agency Locksmith Pet Store

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

878
Businesses Nearby
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Retail in South region

7% 2020
6.2% 2021
5.1% 2022
4.8% 2023
4.9% 2024
5.4% 2025

Frequently Asked Questions

What type of property is this?
Retail property - Commercial property near historic downtown Sherman and Austin College.
Where is this retail property located?
The property is located at 1002 N Walnut St Sherman, TX.
What are key features of this property?
This property features: Commercial property located near the Travis and Hwy 75 intersection.; Close proximity to historic downtown Sherman and Austin College.; Multiple story building.
(972) 754-0720 Call to check price and availability
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