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Listing 22 out of 209
$1,750,000 For Sale
1205 S Sam Rayburn Freeway
Sherman, TX 75090
3 units |

1.77 acre lot
Commercial: Sale - MLS# 13482202
Property Photo
1/10

Description

Calling all investors. Great opportunity for long term income investment. Mozele Plaza is an 18, 744 sq ft blding on 1.77 acres on US 75 in Sherman, TX. Currently has 3 leased spaces ranging from 1-5 years. The building also offers a lighted billboard that is currently leased by one of the tenants. Compliant with all city codes. Positioned in high traffic area on US 75 just S of the Houston-Lamar exit which is the entrance to Downtown Sherman. Excellent visibility with access from the S Sam Rayburn Access Road as well as S Austin St. Many major national retailers in the area. Building had extensive remodel in 2001 and 2nd building was added in 2008. Property has potential for growth.

Features

  • Property Type: Commercial
  • Sub Type: Sale
  • Listing Status: Active
  • Listing Price: $1,750,000
  • County/Area: Grayson County
  • Zip Code: 75090
  • Year Built: 1999
  • Subdivision/Neighborhood: B.h. Moore Heirs Addition
  • Stories: 1
  • Units: 3 units
  • Lot Size: 1 Acre To 2.99 Acres
  • Acres: 1.77 acre lot
  • Zoning: Comm'l
  • Area: GRAYSON AREA (37), SHERMAN (0)
  • Building Area Source: Tax
  • Building Use: Retail
  • Ceiling Height: 15 To 20 Feet
  • Commercial Features: Security Lighting, Security System
  • Construction Materials: Metal, Stucco
  • Construction Materials Walls: Metal
  • Flooring: Concrete
  • Foundation Details: Slab
  • Gross Annual Income: 132384
  • Heating: Central Air-Elec, Central Heat-Gas
  • Inclusions: Land & Improvements
  • Income Expense Source: Owner
  • Lot Number: 1
  • Lot Size Area SQFT: 77188.32
  • Lot Size Source: Tax
  • Lot Size Units: Acres
  • Net Annual Income: 132384
  • Number Of Leaseable Spaces: 3
  • Number Of Spaces Leased: 3
  • Occupancy Rate: 100
  • Parking Features: Fenced Open Lot
  • Road Frontage: Asphalt, U.s. Highway Ft.
  • Roofing: Metal
  • SQFT Building: 18744
  • SQFT Gross: 77188
  • SQFT Leasable: 18744
  • Security Features: Burglar, Carbon Monoxide Detector, Exterior Security Light(S), Fire/Smoke, Monitored
  • Tenant Pays: Alarm Monitor Fee, All Utilities, Electric, Gas, Renters Insurance, Sewer, Water
  • Utilities: Asphalt, City Sewer, City Water, Curbs, Individual Gas Meter, Individual Water Meter
  • Year Built Details: Preowned
Courtesy of Keller Williams N. Collin Co.

© 2017 . All rights reserved. The data relating to real estate for sale on this web site is provided from and copyrighted by the North Texas Real Estate Information Systems, Inc. NTREIS data may not be reproduced or redistributed and is only for people viewing this site. All information provided is deemed reliable but is not guaranteed and should be independently verified. The advertisements herein are merely indications to bid and are not offers to sell which may be accepted. All properties are subject to prior sale or withdrawal. Listing broker has attempted to offer accurate data, but buyers are advised to confirm all items. Information last updated on 2017-04-30.

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