9 Old Ida Rd Sherman, TX 75090
This exceptional 1-acre commercial lot, located at Lot 9 Old Ida Road in Sherman, Grayson County, Texas, presents a unique opportunity for investors and developers. Priced at $84,900, this flat, buildable lot offers unparalleled versatility. Its unrestricted nature allows for a wide range of potential uses, making it ideal for various commercial ventures. Imagine constructing a barndominium, a manufactured home, or any other structure that aligns with your vision. The property's convenient location in the 75090 zip code provides easy access to essential amenities and transportation routes. The lot boasts the significant advantage of readily available cooperative water and electricity at the roadside, simplifying the development process and reducing initial infrastructure costs. This is a blank canvas ready for your entrepreneurial spirit. Don't miss this chance to acquire a prime piece of commercial land in a thriving Texas community. The property's flat terrain ensures ease of construction, minimizing potential site preparation challenges. This makes it an attractive option for businesses seeking a cost-effective and efficient development site. Act quickly to secure this exceptional opportunity.
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
Similar Nearby for Lease
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.