For Sale
$587,495

2625 Travis St Sherman, TX 75092

Prime Commercial Lot, High Traffic Area

Overview

Added:
Dec 11, 2024
Days on market:
133
This vacant 2.392-acre lot in Sherman, Texas, presents a compelling redevelopment opportunity. Located on a hard corner with high daily traffic counts exceeding 8,000 vehicles, this C-1 zoned property offers exceptional visibility and accessibility. Its prime location, just 1.5 blocks from Hwy 75 and less than a mile from US Hwy 82, ensures high traffic volume. The property is situated in an Opportunity Zone and is ideal for mixed-use or multi-tenant retail development. The asking price is $587,495, with a price per square foot of $328.32. The property's APN is 155025. Sherman's projected population growth makes this a particularly attractive investment, especially considering its designation as a burgeoning semiconductor hub. This is a 1031 exchange-eligible property. The single building on the site is currently vacant.

Highlights

  • 2.39-acre vacant lot in Sherman, TX, ideal for mixed-use or multi-tenant retail development.
  • High-traffic corner lot (8,000+ VPD) with excellent visibility, 0.25 miles from US Hwy 75 and 0.5 miles from US Hwy 82.
  • Located in an Opportunity Zone.
  • Sherman's population is projected to double in 3-5 years, fueled by its growth as a semiconductor hub.
  • APN 155025; Asking price: $587,495 ($328.32/SF); 1031 exchange eligible.

Property Details for 2625 Travis St

Property type
Specialty properties, Retail properties
Buildings
1
Lot Size (sq. ft)
104,196 SF

Location Insight

City
Sherman
County
Grayson
State
Texas
Latitude
33.662000420782
Longitude
-96.616803047621

FAQs

What type of property is this?
Specialty property - Prime Commercial Lot, High Traffic Area
Where is the specialty property located?
The property is located at 2625 Travis St Sherman, TX.
What is the asking price?
The asking price for this property is $587,495.
What are key features of this property?
This property features: 2.39-acre vacant lot in Sherman, TX, ideal for mixed-use or multi-tenant retail development.; High-traffic corner lot (8,000+ VPD) with excellent visibility, 0.25 miles from US Hwy 75 and 0.5 miles from US Hwy 82.; Located in an Opportunity Zone.
How can I contact the broker?
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2625 Travis St
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