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Property profile & analytics
OFF-MARKET
Commercial real estate
1911 Loy Lk Rd Sherman, TX 75090-2806
Entity Owned
1-yr Hold
Absentee Owner
Free & Clear
Property ID
US82-1736955
Property profile
Verified
Property type
Commercial real estate
Use group
COMMERCIAL (GENERAL)
Year built
2005
Total area
4,050 SF
Lot
1.14 ac (49,528 SF)
APN
S023 2479003
UPID
US82-1736955
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
-
Chic Cotton Candy Take-out & Catering Catering Service
-
Pravdacar Pro Dent Works Auto Repair Shop
-
Trippers Stop (Bike/Boat/Book/etc) Store
-
Shaffer’s Dry Cleaners (Bike/Boat/Book/etc) Store
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
by Request
Owner & transaction history
Wildcat Lending Fund One LP · 1 yrs held
Wildcat Lending Fund One LP
since 2024
Last sale
$215,000
6 recorded transactions
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Cap rate
Implied · in-place · derived from last sale + estimated NOI
Implied Cap rate
#1
Implied · in-place · NOI ÷ last sale
In-place · derived from last sale + estimated NOI
Cap rate, NOI & submarket benchmark
Implied cap rate vs Sherman submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Sherman submarket · NOI estimate · typical band, median & reading
Refine your cap rate
8-question underwriting flow
1.
Property current status — Going-In vs Stabilized
2.
Price for denominator — asking / offer / market
3.
Leasing status & lease structure (NNN / Gross)
4.
Tenant risk profile & vacancy assumption
5.
Upload T12 / rent roll / OM (optional)
Refine in 60 seconds, get exact suggested price
T12 upload · Submarket benchmarks · Sensitivity grid
Suggested price · 3 cap rate anchors
Income approach @ 5% / 7% / 9% — aggressive / typical / conservative
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · Implied $/SF per anchor · Sensitivity grid
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · implied $/SF · sensitivity
Value
AI, CAP & Alternative Use estimations · Realmo proprietary blendValue Estimations
Based on Realmo’s proprietary methodology
AI Approach
CAP Approach
Comparable Approach
Alternative Use
Get a detailed, property-specific estimation — fast and free
Price per SF
Sale + rent benchmarks
Subject property
—
Submarket sale & rent benchmarks
Median sale $/SF · Asking & closed rent · Submarket vacancy
Submarket sale & rent benchmarks
Median sale $/SF · asking & closed rent · submarket vacancy
Property tax & assessments
Tax year 2023Property tax & assessments
Tax year 2023
Tax billed
$16,141
Tax year 2023
Assessed value
$679,231
Assessed 2024
Previous assessed
$679,231
+0.0% YoY
Effective rate
2.38%
On assessed value
Assessed land
$357,095
Assessed improvement
$322,136
Land market value
$357,095
Improvement market value
$322,136
Total market value
$679,231
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
Recent comparable sales
Sale price & $/SF · sale date & distance · adjustments
Property description
Physical attributes from public recordsBuilding & lot
Public records
Property type
Commercial real estate
Use group
COMMERCIAL (GENERAL)
Status
Off-Market
Year built
2005
Heating
CENTRAL
Cooling
CENTRAL
Total area
4,050 SF
Lot
1.14 ac (49,528 SF)
APN
S023 2479003
UPID
US82-1736955
Jurisdiction
GRAYSON
Zoning & alternative use
Zoning · permitted uses
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Building & site characteristics
From public records
Year built
2005
Heating
CENTRAL
Cooling
Yes
Lot
1.14 ac
Current owner
From public records · entity-resolved
Wildcat Lending Fund One LP
Entity
Free & Clear · 1 yrs held
Mailing address
4800 W DEXTER DR, PLANO, TX 75093-5505
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2024
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
6 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Sep 26, 2024
$215,000
Wildcat Lending Fund One LP
Bobby C Hempkins & Associates LLC
Deed
—
Oct 18, 2022
—
Nancy Jane Black Shriner
K Bar K Ranch Ltd
Warranty Deed
$130,000 · Stephanie Richardson
May 2, 2014
—
Stephanie Richardson
Shaffer,david W & Anna J
Warranty Deed
—
Dec 28, 2009
—
David Shaffer
Compass Bk
Grant Deed
related
—
Mar 4, 2008
—
Compass Bk
Owner,record
Grant Deed
related
—
Jan 3, 2005
—
Super Dry Cleaners Of Sherman LLC
Kwik Industries INC
Warranty Deed
$1,279,000 · Compass Bk
Coming soon
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Coming soon
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.
Try Rey
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