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Property profile & analytics
OFF-MARKET
Commercial real estate

112 Crockett St Sherman, TX 75090-5995

7,800 SF 0.52 ac lot Built 1990
Entity Owned 2-yr Hold Absentee Owner Free & Clear
Property ID
US82-2189501
Property summary
AI-generated overview

This exceptional 4,800 square foot office building presents a rare opportunity in the heart of Sherman's vibrant downtown. Currently configured with ground floor law offices, the property offers significant versatility. The upper level boasts a large, finished open area ideal for conversion into loft-style living spaces or a community room. This upper level also includes a complete bedroom and full bathroom with shower, adding to its residential potential. The building features two dedicated parking spaces conveniently located at the rear, along with a loading dock for ease of access and delivery. While an internal freight elevator is present, it is currently non-functional. The 0.08-acre lot provides ample space for the building and offers potential for future expansion or outdoor amenities. The asking price for this unique property is $950,000, reflecting its prime location, substantial square footage, and adaptable layout. This is an excellent investment opportunity for those seeking a mixed-use property in a thriving Texas city. The building's central location provides easy access to local amenities, businesses, and transportation routes. The combination of office space and the potential for residential conversion makes this a truly unique and attractive proposition. Serious inquiries are encouraged to explore the full potential of this remarkable downtown Sherman asset.

Property profile
Verified
Property type Commercial real estate
Use group COMMERCIAL (GENERAL)
Year built 1990
Total area 7,800 SF
Lot 0.52 ac (22,499 SF)
APN S034 2181005
UPID US82-2189501
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
Current use
Occupant on record · Public records
  • Redwine & Mabary Law Firm
  • Huff Ronald R Law Firm
  • The Law Office Of Thomas A. Redwine Law Firm
  • Farmer's Market Grocery & Convenience Store Food Market
  • Sherman Tire & Auto (Bike/Boat/Book/etc) Store Auto Parts Store
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
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Blend (final) Blend
by Request
Owner & transaction history
Mavis Southeast LLC · 2 yrs held
Mavis Southeast LLC
since 2024
6 recorded transactions
2024
Price N/A
1969
Price N/A
1969
Price N/A
1969
Price N/A
1969
Price N/A
1969
Price N/A
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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