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Property profile & analytics
OFF-MARKET
Investment properties

1514 Mildred St Sherman, TX 75090

1,764 SF 0.35 ac lot Built 1990
Property ID
US82-2514228
Property summary
AI-generated overview

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.

Property profile
Verified
Property type Investment properties
Year built 1990
Total area 1,764 SF
Lot 0.35 ac (15,246 SF)
UPID US82-2514228
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
Value estimations
Realmo proprietary · 4 methods
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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