0 Lot 5.2 Old Ida Rd Sherman, TX 75090
This exceptional 1-acre commercial lot, located at Lot 5.2 Old Ida Road in Tom Bean, Texas, presents a unique opportunity for development. Situated in Grayson County, zip code 75090, this flat, unrestricted property offers unparalleled versatility. The asking price is $74,500. Its ideal location provides easy access to essential utilities, with cooperative water and electricity readily available at the roadside. The expansive, level terrain makes it perfectly suited for a wide range of construction projects, including the construction of a barndominium, a manufactured home, or any other structure that aligns with your vision. The absence of restrictive covenants allows for maximum creative freedom and flexibility in development plans. This property is a blank canvas, ready to be transformed into your next commercial venture. Its convenient location in Tom Bean, Texas, offers a blend of rural tranquility and accessibility. The coordinates are 33.5878448 latitude and -96.4908313 longitude. Don't miss this chance to acquire a prime piece of commercial land with significant potential.
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
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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.