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    228 W Grand St Whitewright, TX 75491
    Property profile & analytics

    228 W Grand St, Whitewright, TX 75491

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    • Commercial real estate
    • 8,164 SF
    • 0.57 lot acres
    Remodeled Multi-Use Office Building For Sale
    $389,900
    8,400 SF

    Remodeled Multi-Use Office Building

    Fully remodeled in 2021 and currently leased through 2026, offering flexible interior areas with ample paved parking.

    228 W Grand Street, Whitewright, TX 75491
    View Listing
    Property ID
    US82-4068933
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Value Estimations
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Sidewinder Jiu Jitsu Academy - Martial Arts, Combatives & Tactical Training / Training Center / Sports School
    • Pettit's Grocery / Grocery & Convenience Store / Food Market

    Property Details for 228 W Grand St

    Year built
    1959
    Lot size
    0.57 lot acres
    Property type
    Commercial real estate
    APN
    X003 4505179
    APU
    X0034505179

    Sales History

    Date Price Buyer Seller Deed Type Mortgage
    Dec 30, 2021 — Sass Investment Group LLC — Deed · related $56k · Lamar National Bank
    May 28, 2021 — Sass Investment Group LLC — Deed · related $184k · Lamar National Bank
    Jun 4, 2019 — Sass Investment Group LLC — Deed · related $55k · Independent Bk
    Mar 13, 2018 — Sass Investment Group LLC Pettit B L & G S F/tr Warranty Deed $55k · Independent Bk Teravista
    — — Sass Investment Group LLC — Loan Modification · related $55k · Independent Bk

    Description

    This exceptional 8,400-square-foot commercial building is ideally situated in the heart of downtown Whitewright, Texas, on a large, paved 0.57-acre corner lot. The property boasts three separate, functional interior areas, making it perfect for multiple uses or a single large tenant. Currently, the entire building is leased to Sindwinder Brazilian Jiu Jitsu Martial Arts School under a lease agreement extending until 2026, ensuring a steady income stream. A complete renovation in 2021 included a new roof, electrical system, plumbing, spray foam and roll insulation, updated walls and flooring in the office and multiple restroom areas, and the installation of three separate HVAC units and electrical meters. Ample parking is available, with the asphalt lot easily accommodating 35 or more vehicles. The property's strategic location offers easy access to Highway 121 and the Metroplex, placing it just 20 minutes from Sherman. This presents a compelling investment opportunity in a growing Grayson County community poised for further expansion. Showings are available before 5 pm due to the tenant's operating schedule. The property's size, location, and current lease make it an attractive investment with strong potential for future growth and returns.


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    Location Insight

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    • Local Demand
    City
    Whitewright
    County
    Grayson
    State
    Texas
    Longitude
    -96.3952
    Latitude
    33.513
    CBSA code
    43300
    CBSA name
    SHERMAN-DENISON, TX METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2022
    $3,211
    $56,909
    $143,091
    $200,000
    -
    $56,909
    $143,091
    $200,000
    View Listing
    More about this property
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