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About This Home
This 0-bedroom, 0-bathroom commercial at 2424 Texoma Parkway in Sherman, TX is listed for $950,000. Built in 1948, on a 1.15 acres lot.
***The City of Sherman has agreed to demo all three buildings should a Buyer elect to build from scratch. ***Significant capital gain tax incentives available in this Opportunity Zone property! Unlock the potential of this versatile 1.15-acre commercial property located at 2424 Texoma Pkwy, Sherman, TX 75090, zoned C-2 (General Commercial) in the heart of a bustling corridor.
Previously a 33-unit motel, this site is now primed for redevelopment into a wide range of retail, service, or office uses permitted under Sherman's C-2 zoning, offering endless possibilities for investors and developers. The existing structures can be remodeled into modern suites for businesses such as medical offices, fitness studios, or retail shops, or the site can be cleared for a custom build-to-suit project tailored to your Continued... See Addendum Property Description 1.
Key Features
- Built in 1948
- 1.15 acre lot
Property Details
Monthly Cost Estimate
$5,081/mo
20% down · 6.5% · 30 years
Estimates only. Actual payments may vary.
Location
2424 Texoma Parkway
Sherman, TX 75090
Property Details
Construction
Heating
Cooling
Questions & Answers
This 0-bedroom, 0-bathroom commercial at 2424 Texoma Parkway is listed at $950,000. The estimated monthly payment is $4,117 based on 20% down at 6.5% interest.
Key features include: Built in 1948, 1.15 acre lot.
This property is listed by Daniel Harker and can be reached at 9727326000 or dan@empowerhome.com.
