Property summary
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.
Ownership intelligence
Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. In the full report.
Owner contacts
Skip-traced phones and e-mails of the owner. Included with the full report.
Mortgages
Recorded lenders, amounts and estimated maturities of the owner's loan book — in the full report.
Property tax · 2022
Value estimate
· Sep 2026Realmo valuation models over county records.
Recently sold
No data for this sectionNo cleaned sale $/SF benchmark exists for this use type in this ZIP, submarket or county yet.
Cap rate analysis
No income signal is modeled for this parcel yet — the Cap Rates tab runs the workflow.
Zoning insight
No data for this sectionNo zoning code is on file for this parcel. Coverage grows with every catalog release.
Location intelligence
Demand index: how under-served this business type is around this point — modeled from the LocInt grid (area demand vs. what already operates, adjusted by real visit traffic). Higher means stronger unmet demand.
Location
Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.
Comparables
6 recorded sales · 6 properties nearbyComparable nearby
Instant AI valuation built from comps, income signals, and proprietary benchmarks.A defensible range, not a single guess.
from $99/month
- GBA
- 7,800 SF
- Lot area
- 0.52 ac
- Year built
- 1990
- APN
- S034 2181005
- Assessed value · 2023
- $305,641
- Annual tax · 2022
- $6,401
Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
from $99/month
Price sensitivity
The rate is the decision lever; valuation is the consequence.
The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
No zoning code is on file for this parcel. Zoning coverage grows with every catalog release — check back, or open Location Intelligence for use analysis of this corner.
Phones and e-mails of the people behind this property's owner, traced from licensed contact data.
Owner phones and e-mails come with the full report for this property - traced from licensed contact data, with verification and Do-Not-Call flags on every number.
Unlock the evidence behind ownership: portfolio, transactions, debt and any signals we can model, to help you decide who to contact next.
Registration is required before any owner information is shown.
The mortgage data is behind the paid report: recorded loans of the owner - lender, amount, rate and the estimated maturity - as part of the Ownership Intelligence workspace.
Registration is required before any owner information is shown.
- Ownership
- Owner Contacts
- Full Property Data
- Historical Records
- Value Estimation
- NOI Potential
- Cap Rate Calculation
- Location Insight
- Alternative use
- Local Zoning Insight
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- Full Property Data
- Historical Records
- Value Estimation
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- Alternative use
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