0 Lot 8.2 Old Ida Rd Sherman, TX 75090
This exceptional 1-acre commercial lot, located at Lot 8.2 Old Ida Rd, Tom Bean, TX 75090, presents a unique opportunity for investors and developers. Situated in Grayson County, this unrestricted property boasts a beautiful, flat terrain, ideal for a wide range of commercial ventures. Imagine constructing a barndominium, placing a manufactured home, or building your dream commercial structure. The possibilities are endless. The property's convenient location offers easy access to essential amenities. Cooperative water and electricity are readily available at the roadside, simplifying the development process. Priced competitively at $74,500, this lot represents an excellent investment with significant potential for future growth and return. The property's size and unrestricted nature make it suitable for various commercial uses, from small businesses to larger-scale developments. Don't miss this chance to acquire a prime piece of land in a thriving Texas community. Act quickly, as opportunities like this are rare. The coordinates are 33.5878448 latitude and -96.4908313 longitude.
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.