1119 Austin St Sherman, TX 75090
This exceptional investment opportunity presents two adjacent, well-established automotive service facilities totaling 3,300 square feet on a 0.365-acre lot in Sherman, Texas. Located at 1119 S. Sam Rayburn Fwy & 1116 S Austin St, Tom Bean, zip code 75090, this property boasts a desirable C2 (General Commercial) zoning. The offering includes two buildings: Building 1, constructed in 1982, comprises 1,500 square feet and features a garage area with four commercial overhead doors, two oil change bays, an office, storage room, and restroom. Building 2, a more recent addition built in 2006, offers 1,800 square feet of open workshop space with four commercial overhead doors, an office area, and a restroom. The combined property is listed at $750,000. This turnkey operation presents a strong return on investment potential for a savvy buyer in a thriving commercial area. The individual lot sizes are 0.227 acres for Building 1 and 0.138 acres for Building 2. This property is ideally suited for continued use as automotive service facilities or for adaptive reuse given its versatile layout and zoning. The location provides excellent visibility and accessibility. Serious inquiries are encouraged.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
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Property description
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