4800 N Texoma Pky | Sherman, TX 75090
This feature is unavailable at the moment.
We apologize, but the feature you are trying to access is currently unavailable. We are aware of this issue and our team is working hard to resolve the matter.
Please check back in a few minutes. We apologize for the inconvenience.
- LoopNet Team
4800 N Texoma Pky
Sherman, TX 75090
Retail Property For Sale
Investment Highlights
- Rare 57-acre redevelopment property ideally positioned along a major thoroughfare joining Downtown Sherman and Denison.
- Situated adjacent to US-75, a major north-south freeway connecting Dallas and its suburbs within Oklahoma, and close to the 69, 82, and 503 freeways.
- The average household income is $72,215 within 10 miles and the total consumer spending exceeds $1 billion annually.
- Excellent opportunity for an investor to acquire a partially occupied shopping mall with prime future redevelopment potential.
- The area highlights compelling demographics with 59,283 residents, 26,584 daytime employees, and 2,970 businesses within a five-mile radius.
- Potential for significant additional income with self-storage concept (plans provided) in vacant JCPenney’s location.
PROPERTY FACTS
Property Type
Retail
Property Subtype
Freestanding
Building Size
530,000 SF
Building Class
B
Year Built
1980
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.23
Lot Size
53.23 AC
Zoning
F1 - Commercial Real Property
Parking
3,260 Spaces (7 Spaces per 1,000 SF Leased)
Frontage
1,368 ft on Fallon Dr
Amenities
- Food Court
- Enclosed Mall
PROPERTY TAXES
| Parcel Numbers | Improvements Assessment | $2,073,465 | |
| Land Assessment | $2,595,813 | Total Assessment | $4,669,278 |
PROPERTY TAXES
Parcel Numbers
Land Assessment
$2,595,813
Improvements Assessment
$2,073,465
Total Assessment
$4,669,278
1 of 1
VIDEOS
3D TOUR
PHOTOS
STREET VIEW
STREET
MAP
