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About This Home
This 0-bedroom, 0-bathroom commercial at 2121 N Fm 1417 in Sherman, TX is listed for $2,695,000. Built in 1983, on a 3.56 acres lot.
This multi-tenant retail property is located at hot location in Sherman, Texas. The property features 18,885 square feet of building space on 3.559 acres of land, with additional buildable land available behind the existing building. The property is currently occupied by a diverse mix of tenants including massage, bookkeeping, gas station, gold and silver shop, donut shop, pizza shops, and ice cream shop.
The property is commercially zoned and allows for professional offices, salon suites, recreational facilities, gym, retail shops (except smoking or vape shops), shopping, cafe, restaurants, and other businesses. The property is anchored by Casey's General Stores convenience store and gas station, providing strong traffic and visibility.
With a current pro-forma NOI potential of $265,226, this property offers significant value-add opportunity through leasing the vacant spaces. The property is diagonally located near Walmart Neighborhood Market, providing excellent co-tenancy and traffic generation.
Key Features
- Built in 1983
- 3.56 acre lot
Property Details
Amenities
Monthly Cost Estimate
$14,413/mo
20% down · 6.5% · 30 years
Estimates only. Actual payments may vary.
Location
2121 N Fm 1417
Sherman, TX 75092
Western Hills Add Sec 5
Property Details
Flooring
Construction
Parking
Heating
Cooling
Questions & Answers
This 0-bedroom, 0-bathroom commercial at 2121 N Fm 1417 is listed at $2,695,000. The estimated monthly payment is $11,678 based on 20% down at 6.5% interest.
Key features include: Built in 1983, 3.56 acre lot.
This property is listed by Anoo Sathappun and can be reached at (214) 763-0411.
