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    4816 N Frisco

    Sherman, TX 75090
    • $869,000
    • STATUS: Active
    • ON SITE: 866 days
    • MLS #: 13838649
    UPDATED: 35 min ago
    $869,000
    • 0
      BEDS
    • 1.98
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    Neighborhood:
    Type:
    Commercial
    County:

    School Ratings & Info

    Offered by Randy Jay of Preston Bend Real Estate.

    Description

    Great Investment Opportunity with Owner Willing to Lease Back at $3.75 Gross! This former Sears Building, located behind Midway Mall in Sherman, Texas, is a perfect warehouse or light industrial building. The building is 100% sprinkled and has 17 CH on a lot that could easily be fenced and secured. In addition, the zoning of this property is favorable to many industrial users and is suitable for anyone with a warehouse and office need.Projected Taxes: $6,900, Projected Insurance: $7,000, Management Fee: $3,705, Total: $17,605 ($0.71 C PSF)Projected NOI: $75,088 ($3.04 PSF)Purchase Price: $869,000 (8.6% CAP)

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    © 2020 North Texas Real Estate Information Systems. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or ACR- ANN CARR REALTORS®. The data relating to real estate for sale or lease on this web site comes in part from NTREIS. Real estate listings held by brokerage firms other than ACR- ANN CARR REALTORS® are marked with the NTREIS logo or an abbreviated logo and detailed information about them includes the name of the listing broker. Data last updated 2020-09-22T09:40:11.62.
    www.anncarrrealestate.com/homes/83393627
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    4816 N Frisco Sherman, TX 75090

    • Price: $869,000
    • Status: Active
    • Updated: 35 min ago
    • MLS #: 13838649
    0
    Beds
    0
    Baths
    0
    ½ Baths
    1.98
    Acres
    Neighborhood:
    Midway Mall
    County:
    Grayson
    Area:
    Grayson County
    Property Description
    Great Investment Opportunity with Owner Willing to Lease Back at $3.75 Gross! This former Sears Building, located behind Midway Mall in Sherman, Texas, is a perfect warehouse or light industrial building. The building is 100% sprinkled and has 17 CH on a lot that could easily be fenced and secured. In addition, the zoning of this property is favorable to many industrial users and is suitable for anyone with a warehouse and office need.Projected Taxes: $6,900, Projected Insurance: $7,000, Management Fee: $3,705, Total: $17,605 ($0.71 C PSF)Projected NOI: $75,088 ($3.04 PSF)Purchase Price: $869,000 (8.6% CAP)
    Exterior Features

    Construction Block Construction Materials Walls BrickCement Block Foundation Slab Parking Or Garage Common LotOversized Roof Built-Up

    Interior Features

    Ceiling Height 15 To 20 Feet Commercial Features ColumnsFire AlarmFire SprinklersFloor DrainsSingle UserTruck Bay Flooring Concrete Heating Central Air-ElecCentral Heat-Gas Sq Ft Building 24700 Sq Ft Gross 24700 Sq Ft Leasable 24700

    Property Features

    Building Area Source Owner Building Use IndustrialOffice/WarehouseStorage WarehouseWholesale Commercial Zoning M1 Construction Status Preowned Gross Annual Expenses 0 Gross Annual Income 0 Inclusions Building Only Lot Size Source Other Documentation Multi Zoning No Municipal Utility District No Net Annual Income 0 Possession Negotiable Property Type Com-Sale/Leaseback (Both) Tenant Pays All UtilitiesElectricGasSewerWater Utilities AsphaltCity SewerCity Water Will Subdivide No

    Listing information © 2020 North Texas Real Estate Information System.


    © 2020 North Texas Real Estate Information Systems. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or ACR- ANN CARR REALTORS®. The data relating to real estate for sale or lease on this web site comes in part from NTREIS. Real estate listings held by brokerage firms other than ACR- ANN CARR REALTORS® are marked with the NTREIS logo or an abbreviated logo and detailed information about them includes the name of the listing broker. Data last updated 2020-09-22T09:40:11.62.
     
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    ACR- ANN CARR REALTORS®
    Abilene TX, 79605
    Offered by Randy Jay of Preston Bend Real Estate.