Sh 56 Sherman, TX 75090
This exceptional 7.56-acre commercial property in Sherman, Texas, presents a unique investment opportunity. The expansive 3,750-square-foot building, measuring 75 feet by 50 feet, boasts impressive height and offers limitless potential for various businesses. Previously utilized as a truck depot for sand and gravel hauling, its zoning allows for a wide range of commercial uses, subject to Sherman Planning and Zoning approval for any proposed new business. The property's strategic location offers easy access to major transportation arteries, including Highway 56, Highway 82, and Highway 75, ensuring excellent connectivity and visibility. While a new entry point from Highway 56 will be required, the property's size and accessibility make it highly desirable. The expansive acreage provides ample space for operations and potential expansion. Approximately one acre of the property lies within a designated floodplain, though it does not experience regular flooding. This property is ideal for businesses catering to trucks or automotive repair and service, but its versatility allows for creative adaptation to a variety of commercial ventures. This is a rare opportunity to acquire a substantial industrial property in a thriving Sherman location.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.