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Property summary
This exceptional 1.01-acre commercial property, located at 2801 Texoma Parkway in Sherman, Texas, presents a unique investment or user opportunity. Situated at the northeast corner of Highway 82 and Texoma Parkway, this site benefits from high visibility and accessibility, capitalizing on the significant traffic flow along these major thoroughfares. The property is part of the former Sher-Den Mall site, offering a fresh start for businesses seeking a prominent location. The land is zoned C-2… General Commercial District, allowing for a broad spectrum of uses including retail, commercial, office, lodging, and institutional developments. This flexibility provides considerable potential for diverse business ventures. Further enhancing its appeal, the property also falls under the O-1 (75 & 82) Overlay District, which may include specific regulations that should be reviewed during the due diligence process. The asking price for this strategically located parcel is $924,000. This represents a compelling investment opportunity given the property's prime location, flexible zoning, and potential for significant return. Interested parties are encouraged to conduct thorough due diligence to fully understand the zoning regulations and development possibilities. The site's size and location make it ideal for a variety of commercial developments, offering a strong foundation for future growth and success.
Ownership intelligence
Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. In the full report.
Owner contacts
Skip-traced phones and e-mails of the owner. Included with the full report.
Mortgages
Recorded lenders, amounts and estimated maturities of the owner's loan book — in the full report.
Property tax · 2022
Value estimate
· Sep 2026Realmo valuation models over county records.
Recently sold
No data for this sectionNo cleaned sale $/SF benchmark exists for this use type in this ZIP, submarket or county yet.
Cap rate analysis
No income signal is modeled for this parcel yet — the Cap Rates tab runs the workflow.
Zoning insight
No data for this sectionNo zoning code is on file for this parcel. Coverage grows with every catalog release.
Location intelligence
Demand index: how under-served this business type is around this point — modeled from the LocInt grid (area demand vs. what already operates, adjusted by real visit traffic). Higher means stronger unmet demand.
Location
Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.
Comparables
6 recorded sales · 6 properties nearbyComparable nearby
Instant AI valuation built from comps, income signals, and proprietary benchmarks.A defensible range, not a single guess.
from $99/month
- GBA
- 3,200 SF
- Lot area
- 2.97 ac
- Year built
- 1984
- APN
- S009 050400805
- Assessed value · 2023
- $677,823
- Annual tax · 2022
- $11,458
Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
from $99/month
Price sensitivity
The rate is the decision lever; valuation is the consequence.
The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
No zoning code is on file for this parcel. Zoning coverage grows with every catalog release — check back, or open Location Intelligence for use analysis of this corner.
Phones and e-mails of the people behind this property's owner, traced from licensed contact data.
Owner phones and e-mails come with the full report for this property - traced from licensed contact data, with verification and Do-Not-Call flags on every number.
Unlock the evidence behind ownership: portfolio, transactions, debt and any signals we can model, to help you decide who to contact next.
Registration is required before any owner information is shown.
The mortgage data is behind the paid report: recorded loans of the owner - lender, amount, rate and the estimated maturity - as part of the Ownership Intelligence workspace.
Registration is required before any owner information is shown.
- Ownership
- Owner Contacts
- Full Property Data
- Historical Records
- Value Estimation
- NOI Potential
- Cap Rate Calculation
- Location Insight
- Alternative use
- Local Zoning Insight
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- NOI Potential
- Cap Rate Calculation
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- Alternative use
- Local Zoning Insight
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- Ownership
- Owner Contacts
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- Everything in the Light report
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- Historical Records
- Value Estimation
- NOI Potential
- Cap Rate Calculation
- Location Insight
- Alternative use
- Local Zoning Insight
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- Full Property Data
- Historical Records
- Value Estimation
- NOI Potential
- Cap Rate Calculation
- Location Insight
- Alternative use
- Local Zoning Insight
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