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Property profile & analytics
FOR SALE
Commercial land

2625 N Travis St Sherman, TX 75092

Individually Owned 8-yr Hold
Property ID
US82-0802543
Property summary
AI-generated overview

This ±2.39-acre (±1.904-acre net usable) commercial parcel is situated at a prime signalized intersection in one of Sherman’s most active growth corridors. Zoned C-1 allows for a variety of retail, restaurant, office, and service-based uses. Its location—along two major roadways with full utility access and exposure to strong traffic counts—offers immediate development potential. The site includes a small portion of floodplain, which is ideal for green space, signage, or park-like enhancements. Sherman is undergoing a transformation fueled by over $30 billion in regional investment across advanced manufacturing, infrastructure, and housing. Major corporate anchors—including Texas Instruments and GlobiTech—are driving growth in population, employment, and disposable income. This lot offers a first-mover advantage in a high-growth corridor, with outstanding visibility and competitive pricing.

Property profile
Verified
Property type Commercial land
UPID US82-0802543
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
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
by Request
Owner & transaction history
Sherman Smiles PLLC · 8 yrs held
Sherman Smiles PLLC
since 2017
3 recorded transactions
2020
Price N/A
2017
Price N/A
2017
Price N/A
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
More about this property
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