Commercial Land for Auction in Sherman, Texas
1104 FM Highway 1417 Sherman, TX 76034
Commercial Lot For Auction Ready For Business Development
The commercial lot being offered at auction in Sherman, Texas, with nearly an acre of ground and located on a hard corner, presents an excellent development opportunity, especially considering that preliminary studies for a convenience store have already been completed. Here's why this property could attract significant interest at auction:
Desirable Location: Being situated on a hard corner is advantageous for commercial properties, as it offers high visibility and accessibility. Potential buyers will likely recognize the value of such a prime location for commercial development.
Size and Versatility: With almost an acre of land available, the lot provides ample space for various types of commercial development. Buyers may consider a range of possibilities beyond a convenience store, such as gas stations, restaurants, retail outlets, or even mixed-use developments, depending on local zoning regulations and market demand.
Call Kim Ross - Auctioneer for complete packet.
Preliminary Studies: The fact that preliminary studies for a convenience store have already been completed is a significant selling point. It indicates that some groundwork has already been laid for potential development, which could streamline the process for interested buyers and reduce uncertainties related to feasibility and planning.
Investment Potential: Sherman, Texas, has experienced growth in recent years, making it an attractive location for commercial investment. As the area continues to develop, there may be increasing demand for commercial properties like this one, further enhancing its investment potential.
Opportunity for Developers and Investors: Developers and investors looking to capitalize on the property's location, size, and preliminary studies may view the auction as a prime opportunity to acquire a valuable asset with potential for significant returns on investment.
Overall, the commercial lot being offered at auction in Sherman, Texas, represents a compelling opportunity for buyers interested in commercial development or investment. Its desirable location, size, preliminary studies, and auction format make it an attractive proposition for prospective purchasers seeking to capitalize on the property's potential.
Auction details
- Price
- Contact agent
Location
- Street Address
- 1104 FM Highway 1417
- County
- Grayson County
- Elevation
- 827 feet
Property details
- Date Posted
Listing history
Date | Event | Price | Change | Source |
---|---|---|---|---|
Mar 29, 2024 | New listing | $— | — | — |