200 Travis StSherman, TX 75090

  • Commercial real estate
  • 5,368 SF
For Lease
$18/SF/YR View listing

Property Details for 200 Travis St

Year built
1928
Lot size
0.95 AC
Property size (Sq ft)
5,368 SF
Property type
Commercial real estate
APN
S034 2215031
APU
S0342215031

Description

This exceptional Class B commercial property, located at 200 N Travis St in Sherman, Texas, offers 66,000 square feet of versatile office and retail space. Currently, there are seven available executive office suites ranging from a minimum of 165 square feet to a maximum contiguous space of 1,019 square feet, with a total of 3,049 square feet currently vacant. The building sits on a 1.35-acre lot in Grayson County (zip code 75090) and boasts convenient parking and expansive city views. The property features a welcoming foyer and a professional directory for guests. Leases are full-service, encompassing utilities and janitorial services, providing a truly turnkey office solution. The building's location in downtown Sherman offers significant advantages, particularly given the substantial recent private tech investment in the area, including projects by Texas Instruments and GlobiTech. This presents a unique opportunity for businesses seeking a prestigious and convenient location in a thriving Texas city. The building is ideal for single-office businesses or those needing space up to 747 square feet. This is a multi-tenant building with a variety of suite sizes to accommodate different business needs.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • Alternative Use

    Use
    Valuation
    Residential
    $1,543,930
    Hospitality
    $1,414,231
    Educational
    $1,176,624
    Medical
    $1,217,090
    Retail
    $1,830,304

Location Insight

City
Sherman
County
Grayson
State
Texas
Latitude
33.6378
Longitude
-96.6102
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
$61,345
$199,601
$2,634,232
$2,833,833
-
$199,601
$2,634,232
$2,833,833

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