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Property profile & analytics
OFF-MARKET
Land

0 Lot 2.2 Old Ida Rd Sherman, TX 75090

1 ac lot
Property ID
Property summary
AI-generated overview

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 profile
Verified
Property type Land
Lot 1 ac (43,560 SF)
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
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CAP Approach CAP
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Comparable Approach Comparable
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Blend (final) Blend
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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