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    Lot 2.2 Old Ida Rd Sherman, TX 75090

    For Sale
    $74,500

    Prime 1-acre commercial lot, unrestricted.

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    362
    This exceptional 1-acre commercial lot, located at Lot 2.2 Old Ida Road in Sherman, Grayson County, Texas, presents a unique investment opportunity. Priced at $74,500, this flat, unrestricted property offers unparalleled flexibility for a variety of commercial ventures. Its ideal location in the 75090 zip code provides convenient access to local amenities and transportation routes. The property's flat terrain simplifies development, making it an attractive option for various projects. Imagine the possibilities – a barndo, a manufactured home, or any other commercial structure that aligns with your vision. The lot is ready for immediate development, with cooperative water and electric services readily available at the roadside. This is a rare chance to acquire a versatile, unrestricted commercial lot in a thriving Texas community. Don't miss this opportunity to secure a prime piece of land with significant potential for growth and return on investment. The property's coordinates are 33.5878448 latitude and -96.4908313 longitude. This is a truly exceptional opportunity for the discerning investor.

    Property Features for 0 Lot 2.2 Old Ida Rd

    General Information

    Property type
    Land
    Lot Size
    43,560 SF

    HighLights

    • 1‑acre unrestricted commercial lot in Sherman, TX.
    • $74,500 asking price.
    • Flat terrain, ready for immediate development.
    • Convenient access to amenities and transportation.
    • Water and electric available at roadside.
    • Located in the 75090 zip code.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Sherman
    County
    Grayson
    State
    Texas
    Longitude
    -96.4908313
    Latitude
    33.5878448

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    FAQs

    What type of property is this?
    Land - Prime 1-acre commercial lot, unrestricted.
    Where is this land located?
    The property is located at Lot 2.2 Old Ida Rd Sherman, TX.
    What is the asking price?
    The asking price for this property is $74,500.
    What are key features of this property?
    This property features: 1-acre unrestricted commercial lot in Sherman, TX.; $74,500 asking price.; Flat terrain, ready for immediate development.
    (940) 206-6444
    Request Owner's contact information
    Lot 2.2 Old Ida Rd 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
    Lot 2.2 Old Ida Rd Sherman, TX 75090
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