475 Old Dorchester - Schools FOR SALE


Sherman, TX 75092
$3,999,000 USD
214-462-7320
475 Old Dorchester, Sherman, TX for Sale
$3,999,000 USD
Schools - FOR SALE
1/11
null | Request Cap Rate

475 Old Dorchester
Sherman, TX 75092


HIGHLIGHTS

  • Building Size: 9289 +/- sq ft
  • Land Size is: 4.5 AC
  • Existing commercial building converted to childcare

OVERVIEW

Land and building for sale—with or without the business. A leaseback option is also available for daycare investors. Presenting 475 Old Dorchester Road, an exceptional childcare/daycare facility in the fast-growing community of Sherman, Texas. This 9,289 sq. ft. purpose-built building on 4.5 acres is licensed to accommodate up to 200 children, offering a true turnkey opportunity for educational operators or investors seeking a high-capacity facility in a booming market. The property features expansive outdoor areas, strong visibility with direct frontage on Old Dorchester Road, and excellent accessibility—just 2.1 miles from U.S. Highway 75. Surrounded by rapidly developing residential and commercial projects, the site is positioned to benefit from Sherman’s significant population growth and increasing demand for quality childcare and early education options. With immediate availability and offered at $3.99 million, this property represents a rare chance to acquire a well-located, purpose-built educational asset in one of North Texas’s most dynamic growth corridors.

FOR SALE DETAILS

PRICE

$3,999,000 USD

PRICE/SF

$509 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Daycare - LEASE BACK Option Available!

PROPERTY TYPE

Specialty

PROPERTY SUBTYPE

Schools

TOTAL BUILDING SIZE

-

STORIES

1

BUILDING CLASS

B

YEAR BUILT

2017

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

4.5 AC

LAND SF

196,020 SF

ZONING

F1

APN/PARCEL ID

125118

ASK ABOUT THIS PROPERTY

Naomi FreemanReady Real Estate.More Info
214-462-7320

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Naomi FreemanReady Real Estate.More Info
214-462-7320

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.