2424 Texoma Parkway
Sherman, TX 75090
$950,000
1,288 sqft
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
Schools
| School Name | Grades | Admission |
|---|---|---|
| Fred Douglass Early Childhood Center | PK - PK | Regular |
| Dillingham Elementary School | KG - 5 | Regular |
| Sherman High School | 9 - 12 | Regular |
| Sherman Middle School | 6 - 8 | Regular |
| 4 Schools | ||
*All school information should be verified by local Independent School District.
* Note: All room dimensions, including square footage data, are approximate and must be verified by the buyer.
The information contained herein is furnished by the owner to the best of his/her knowledge, but is subject to verification by the purchaser, and agent assumes no responsibility for the correctness thereof. The sale offering is made subject to errors, omissions, change of price, prior sale, or withdrawal without notice. In accordance with the Law, this property is offered without respect to race, color, creed, national origin, sex, familial status or disability. This is not intended to solicit property currently listed.