404 Bryant St
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404 Bryant St
2,150 SF Office Building Sherman, TX 75092 $673,298 CAD ($313 CAD/SF) 5% Cap Rate
Executive Summary
documentable 4.5% cap rate, not including the room owner is using. The salon is at 40% vacancy and the 33% vacancy and 50% vacancy if the additional office is finished before the sale of the building. Building sits in 1/3 acre and there’s plenty of space for an addition.
Property Facts
Sale Type
Investment or Owner User
Property Type
Office
Property Subtype
Building Size
2,150 SF
Building Class
B
Year Built/Renovated
1990/2022
Price
$673,298 CAD
Price Per SF
$313 CAD
Cap Rate
5%
NOI
$33,665 CAD
Tenancy
Single
Building Height
1 Story
Typical Floor Size
2,150 SF
Building FAR
0.16
Lot Size
0.30 AC
Zoning
Commercial
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PROPERTY TAXES
| Parcel Number | 162338 | Improvements Assessment | $234,961 CAD |
| Land Assessment | $65,360 CAD | Total Assessment | $300,321 CAD |
PROPERTY TAXES
Parcel Number
162338
Land Assessment
$65,360 CAD
Improvements Assessment
$234,961 CAD
Total Assessment
$300,321 CAD
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Quantum body wellness
404 Bryant St
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