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Property profile & analytics
OFF-MARKET
Commercial real estate

425 Highland Ave 10 Sherman, TX 75092-7377

1,750 SF 1.58 ac lot Built 1986
Entity Owned Absentee Owner Free & Clear
Property ID
US82-4044810
Property summary
AI-generated overview

This exceptional 2,020 square foot medical office condominium is ideally situated in Sherman, Texas' thriving medical district, directly adjacent to Wilson N. Jones Medical Center. This turnkey property presents a rare opportunity for medical professionals seeking to establish or relocate their practice. The thoughtfully designed suite boasts numerous examination rooms, perfectly suited for a variety of medical specialties. A well-appointed kitchen and breakroom provide convenient staff amenities, while multiple private offices offer space for administrative tasks and consultations. Two bathrooms ensure patient and staff comfort. A spacious waiting area creates a welcoming environment for clients. The property's robust infrastructure includes pre-installed electrical, plumbing, and HVAC systems, minimizing setup time and costs. Ample parking is available, ensuring easy access for both patients and staff. This 1.6-acre lot offers a significant advantage in a highly desirable location, making this a truly exceptional investment opportunity. The asking price is $150,000. This property is ready for immediate occupancy.

Property profile
Verified
Property type Commercial real estate
Use group COMMERCIAL (GENERAL)
Year built 1986
Total area 1,750 SF
Lot 1.58 ac (68,851 SF)
APN S035 210212000I010
UPID US82-4044810
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
Current use
Occupant on record · Public records
  • Healthy Heart Cardiology - Dr. Mohamed Rahman Medical Clinic
  • Alain Zareh Tocatjian Physician
  • Glenn Thomas Young Physician
  • Dr. Alain Z. Tocatjian, MD Physician
  • Dr. Sainath Gaddam Physician
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
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Comparable Approach Comparable
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Blend (final) Blend
by Request
Owner & transaction history
MPT SHERMAN ALECTO LLC
MPT SHERMAN ALECTO LLC
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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