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Carmen Hunt

carmen@carmenhunthomes.com +1(817) 319-6332

$ 1,000,000

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2424 Texoma Parkway Sherman, TX 75090

1.15 Acres Lot

UPDATED:

Key Details

Property Type Commercial

Sub Type Business

Listing Status Active

Purchase Type For Sale

Subdivision Sherman

MLS Listing ID 21099324

Total Fin. Sqft 1288

Year Built 1948

Annual Tax Amount $10,966

Lot Size 1.150 Acres

Acres 1.15

Property Sub-Type Business

Property Description

***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.

Location

State TX

County Grayson

Zoning C2-Retail Zone

Direction From Dallas, head North on US 75, and exit 63. Right onto E US 82 Frontage Road. Take 82 East and exit 643, to HWY 91 and Texoma Pkwy. Right onto N Texoma Pkwy. Property is on the Right. 2424 Texoma Pkwy, Sherman.

Interior

Heating Central

Cooling Central Air

Flooring Combination

Heat Source Central

Exterior

Utilities Available City Sewer, City Water, Electricity Connected

Roof Type Composition

Garage No

Building

Foundation Slab

Structure Type Brick

Others

Acceptable Financing 1031 Exchange, Cash, Conventional

Listing Terms 1031 Exchange, Cash, Conventional

Virtual Tour https://www.propertypanorama.com/instaview/ntreis/21099324

North Texas Real Estate Info Systems (NTREIS) -MetroTex and Collin County (CCAR)

Listed by Daniel Harker • Keller Williams Realty DPR

SCHOOLSPROPERTIES

Elementary Schools 12

7

Henry W Sory Elementary School

Public | PK - 4
5

Fairview Elementary School

Public | KG - 4
5

Jefferson Elementary School

Public | PK - 4
4

Washington Elementary School

Public | PK - 4
4

Percy W Neblett Elementary School

Public | KG - 4
4

Dillingham Intermediate School

Public | 5 - 6
3

Crutchfield Elementary School

Public | KG - 4
1

Wakefield Elementary School

Public | PK - 4
0

St Marys Catholic School

Private | PK - 8
0

Fred Douglass Early Childhood Center

Public | PK - KG
0

Montessori Academy of North Texas

Private | PK - 6
0

Grayson Christian School

Private | PK - 12

Middle Schools 1

5

Piner Middle School

Public | 7 - 8

High Schools 1

5

Sherman High School

Public | 9 - 12

School and business data provided by Attom Data.

Carmen Hunt

Agent | License ID: 472172-SA

+1(817) 319-6332

Carmen Hunt

2424 Texoma Parkway Sherman, TX 75090

Key Details

Location

Interior

Exterior

Building

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2424 Texoma Parkway