Property summary
A historical mill property located in Sherman with a total of 9,756 square feet of interior space arranged across three levels. Exterior access on the west side opens into an office area that includes two bathrooms and a kitchen. The shop level features high ceilings, an industrial blower system, and a three-bay loading area, along with a rear storage room on the same level that includes sleeving for wood pieces and runs the length of the building. The second floor includes a former grain area with potential for additional use, and a large open work and cabinet area; it is configured with a blend of open work space and cabinet-supporting areas. The dry basement provides additional storage, includes a rear exterior door, and contains electrical panels with 500-amp service. The property has mill equipment including a Time Saver 36" dual belt sander, Panawitz 36" band saw, 12" Unisaw table saw, Vonnegut 4-head moulder, Madison 4-speed rip saw, industrial blower system, industrial compressor, and a 12" Delta radial arm saw.
Property profile
VerifiedCap rate & NOI
Current use
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Auto Repair Shop
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Grocery & Convenience Store
Location
Value estimations
Owner & transaction history
Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Value estimation
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from $99/month
Cap rate
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from $99/month
Price sensitivity
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Property tax & assessments
Tax year 2020Property description
Physical attributes from public recordsZoning & alternative use
Zoning
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