2115 Fm 1417, Sherman, TX 75092-4891
- Commercial real estate
- 9,370 SF
- 6.31 lot acres
Current Use by Public Records
- Commercial real estate
Property Details for 2115 Fm 1417
- Year built
- 2006
- Lot size
- 6.31 lot acres
- Property type
- Commercial real estate
- APN
- 155 7573002
- APU
- 1557573002
Sales History
| Date | Price | Buyer | Seller | Deed Type | Mortgage |
|---|---|---|---|---|---|
| Dec 14, 2023 | — | Freeup Storage Sherman S Heritage P | Agap Sherman LLC | Special Warranty Deed | $3.5M · Solarity Cu |
| Jan 25, 2017 | — | Sherman Storage I LLC | — | Deed · related | $368k · First Texoma Nat'l Bk |
| Dec 1, 2016 | — | Sherman Storage I LLC | Community Storage USA Ltd | Grant Deed | $2.6M · First Texoma Nat'l Bk |
Description
This exceptional 10-acre industrial land parcel presents a unique investment opportunity in Sherman, Texas. Located at 2115 FM1417 in Grayson County, zip code 75092, this property is zoned for Light Manufacturing and Commercial uses, offering considerable flexibility for various development projects. The site benefits from its convenient location directly across from a new Sherman high school and just north of a substantial 624-acre planned mixed-use development, ensuring high visibility and accessibility. Significant residential growth is underway in the area, with over 12,000 housing permits already approved, creating a strong potential market for commercial and industrial ventures. All utilities are either on-site or readily available nearby. Furthermore, the strategic location along FM 1417, which is currently undergoing widening to four lanes, promises enhanced connectivity and increased traffic flow, further boosting the property's value and appeal. The current zoning is M-1 Light Manufacturing District, with a future land use designation of Auto-Urban Commercial, indicating strong potential for long-term growth and return on investment. This property is an excellent choice for businesses seeking a well-located, versatile industrial site in a rapidly expanding market.
Value Estimations
-
Comparable approach
- Method
- Estimation
- AI Estimate
- $981,000
Market price range: $532k - $1.33M -
Alternative Use
- Use
- Estimation
- COMMERCIAL (GENERAL)
- $865,000 Current use
- INDUSTRIAL (GENERAL)
- $765,000 Change: -11% Conversion: Moderate
Get a detailed, property-specific estimation — fast and free
Location Insight
- Map
- Local Demand
- City
- Sherman
- County
- Grayson
- State
- Texas
- Longitude
- -96.6432
- Latitude
- 33.6072
- CBSA code
- 43300
- CBSA name
- SHERMAN-DENISON, TX METROPOLITAN STATISTICAL AREA
