215 Sunset BlvdSherman, TX 75092

  • Commercial real estate
  • 1,130 SF

Property Details for 215 Sunset Blvd

Year built
1978
Lot size
1.58 AC
Property size (Sq ft)
1,130 SF
Property type
Commercial real estate
APN
S036 2530001
APU
S0362530001

Description

Westwood Village, located at 215 Sunset Blvd, Sherman, TX 75092, presents a unique opportunity in the thriving Texoma submarket of Grayson County. This newly renovated shopping center boasts 96,663 square feet and comprises 22 suites, offering a diverse range of retail spaces. A significant draw is the availability of approximately 20,000-30,000 square feet of box space, ideal for larger tenants. Ample parking is provided for customer convenience. The center's strategic location benefits from a strong regional draw, attracting customers from a 25-mile radius to the north, extending into Durant, Oklahoma, and 15 miles south to Anna, Texas, as evidenced by a city study using Esri Business Analyst. This robust customer base is further supported by Sherman's impressive residential growth, with over 55 new residential projects underway, adding a combined total of 11,386 new single-family lots and 16,529 multi-family units. This significant residential expansion promises a substantial increase in potential shoppers and strengthens the long-term viability of this retail property. Westwood Village offers an exceptional investment opportunity in a rapidly growing market.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • Alternative Use

    Use
    Valuation
    Residential
    $325,340
    Hospitality
    $298,010
    Educational
    $247,941
    Medical
    $256,468
    Retail
    $385,685

Location Insight

City
Sherman
County
Grayson
State
Texas
Latitude
33.6341
Longitude
-96.6281
CBSA code
43300
CBSA name
SHERMAN-DENISON, TX METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2022
$9,342
$111,496
$287,115
$398,611
-
$111,496
$287,115
$398,611

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