2625 N Travis St Sherman, TX 75092
- Medical offices
- 2.39 lot acres
Current Use by Public Records
- Medical offices
Property Details for 2625 N Travis St
- Lot size
- 2.39 lot acres
- Property type
- Medical offices
- APN
- 155025
Description
This vacant 2.392-acre lot in Sherman, Texas, presents a compelling redevelopment opportunity. Located on a hard corner with high daily traffic counts exceeding 8,000 vehicles, this C-1 zoned property offers exceptional visibility and accessibility. Its prime location, just 1.5 blocks from Hwy 75 and less than a mile from US Hwy 82, ensures high traffic volume. The property is situated in an Opportunity Zone and is ideal for mixed-use or multi-tenant retail development. The asking price is $587,495, with a price per square foot of $328.32. The property's APN is 155025. Sherman's projected population growth makes this a particularly attractive investment, especially considering its designation as a burgeoning semiconductor hub. This is a 1031 exchange-eligible property. The single building on the site is currently vacant.
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Sherman
- County
- Grayson
- State
- Texas
- Longitude
- -96.616803047621
- Latitude
- 33.662000420782