1514 Mildred St Sherman, TX 75090
This exceptional Sherman, TX property presents a rare opportunity for a variety of businesses or individual projects. Situated on a sizable 0.35-acre lot (91x168 feet), the property includes a substantial 1,764 square foot building, previously utilized for restaurant supply storage. The building itself is in good condition and features robust construction, durable concrete flooring, and readily available electricity. Its versatile design makes it suitable for a wide range of uses, including but not limited to: contractors, builders, automotive businesses, or anyone requiring ample storage space. The expansive lot offers significant potential for expansion or additional development, providing ample room for maneuvering equipment or future construction projects. The property's location in Sherman offers easy access to major transportation routes and a thriving local economy. This is a unique opportunity to acquire a well-maintained building on a generous lot, ideal for those seeking a versatile space to establish or expand their business or undertake a significant personal project. The combination of building size, lot dimensions, and location makes this an attractive proposition for discerning buyers. The property is priced competitively at $175,000.
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
Similar Nearby for Sale
Similar Nearby for Lease
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.