www.crexi.com - The Commercial Real Estate Exchange
Subscribe to Intelligence for full access
Analyze more property details including ownership and financial history. Share advanced property insights with your clients and teams.
Subscribe to Intelligence for full access
Analyze more property details including ownership and financial history. Share advanced property insights with your clients and teams.
27785498
27785500

112 West Lamar Street, Sherman, TX 75090

JL
TX TX0694673
CAPROCK REAL ESTATE ADVISORS
Listed by CAPROCK REAL ESTATE ADVISORS
$625,000
244 days on market
Updated 22 days ago
Opportunity zone

Knight Building 112

Details
APN 163624
Property Type Retail, Office (+1)
Sub Type Traditional Office, Restaurant (+1)
Square Footage 5,780
Units 2
Tenancy Vacant
Price per SqFt $108
Broker Co-Op Yes
Class C
Year Built 1885
Buildings 2
Stories 2
Lot Size (SqFt) 3,625
Zoning C1, Mix Use
Investment Type Owner/User
Ground Lease No
Ownership Treat As Clear

Historic Downtown Sherman Investment Opportunity / Opportunity Zone

Marketing description

Historic Downtown Sherman Investment Opportunity
Built in 1885, this landmark building spans over 10,720 square feet in the heart of downtown Sherman. Steeped in history and architectural charm, it offers exceptional potential for redevelopment and adaptive reuse.

The second floor presents a rare opportunity to be finished out as custom loft residences or executive office suites, with beautiful views overlooking Sherman Square and the historic courthouse.

Sherman is actively encouraging downtown revitalization, offering attractive incentive packages for redevelopment projects within its unique and growing square district. In addition, this property lies within the Sherman Opportunity Zone, providing favorable conditions for long-term investment and tax benefits.

The building is being offered as two separate units, each featuring its own street-level storefront and private second-floor entrance from the front streetscape.

Whether you’re looking to restore a piece of history or invest in Sherman’s vibrant downtown future, this property delivers location, character, and opportunity.

Investment highlights

Sherman

Listing Contacts

JL
TX TX0694673
CAPROCK REAL ESTATE ADVISORS
Listed by CAPROCK REAL ESTATE ADVISORS

Valuation Calculator

Login or Sign up to see Valuation Metrics
Sign up for Crexi to see valuation metrics for this property
$
$
%
Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$--
$--

Valuation Metrics

0
DSCR
--
Cap Rate
--
ROI

Map

Zoning

Intelligence Badge
C-1 CommercialRetail CommercialRetail Business District
View municipality zoning documents
Upgrade to see the zone description and what's allowed on this property
Upgrade to search and view land use codes
View all 176 uses
View all 176 uses
Last updated Jan 15, 2026 For deeper zoning details, reports are available at Zoneomics

Broker Selected Comps View More Comps

Property History

Intelligence Badge

Tax History

Intelligence Badge

Similar Properties

View All

Additional Information

Name
Josh Long
License
TX0694673
Brokerage Phone
469-215-8936
Brokerage Address
208 East Louisiana Street
*All information is deemed reliable but not guaranteed. Buyer to verify all information.
Is there information that looks off?
For assistance, reach out to our support team at [email protected] or call 888.273.0423 . For press inquiries, contact [email protected]
Equal Housing Opportunity
5510 Lincoln Blvd #400, Los Angeles, CA 90094Commercial Real Estate Exchange, Inc.Crexi Technologies, LLCCXTechnology, LLC
© 2026 Commercial Real Estate Exchange, Inc. All Rights Reserved. DRE #02086591