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2527 Fm 691 2,200 SF Office Building Denison, TX 75020 $595,000 ($270.45/SF)
Investment Highlights
- Located on FM 691 with strong frontage and visibility less than one mile from Highway 75.
- Fully leased property providing immediate income stability.
- Close to Texoma Medical Center, major retailers, and hospitality options.
- Two-building configuration with recent interior and exterior updates.
- Features include paved parking, fenced yard, and monument signage.
- Positioned within a rapidly developing corridor with easy access to Denison, Sherman, and the Dallas-Fort Worth metroplex.
Executive Summary
This 2,807 SF office property offers a fully leased investment opportunity in a growing North Texas market. Situated on FM 691 with excellent visibility and less than one mile from Highway 75, the property provides convenient access to Denison, Sherman, and the broader Texoma region. The site includes two buildings on approximately 0.69 acres, featuring paved parking, a fenced yard, and a monument sign for strong street presence.
The property has been recently remodeled and is served by public water and sewer, ensuring modern utility infrastructure. Zoned for commercial use, it accommodates a range of professional or service-oriented tenants. Its proximity to major employers, Texoma Medical Center, and retail destinations such as Starbucks, Hilton Garden Inn, and Urban Air enhances long-term tenant demand.
With 100% occupancy and a competitive price point of $595,000, this asset presents a stable income stream and potential for future appreciation in a high-growth corridor near the Texas-Oklahoma border.
The property has been recently remodeled and is served by public water and sewer, ensuring modern utility infrastructure. Zoned for commercial use, it accommodates a range of professional or service-oriented tenants. Its proximity to major employers, Texoma Medical Center, and retail destinations such as Starbucks, Hilton Garden Inn, and Urban Air enhances long-term tenant demand.
With 100% occupancy and a competitive price point of $595,000, this asset presents a stable income stream and potential for future appreciation in a high-growth corridor near the Texas-Oklahoma border.
Property Facts
Sale Type
Investment
Property Type
Office
Property Subtype
Medical
Building Size
2,200 SF
Building Class
C
Year Built/Renovated
1986/2006
Price
$595,000
Price Per SF
$270.45
Tenancy
Single
Building Height
1 Story
Typical Floor Size
2,200 SF
Building FAR
0.07
Lot Size
0.69 AC
Zoning
C - Commerical
Parking
20 Spaces (9.09 Spaces per 1,000 SF Leased)
Amenities
- Central Heating
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Property Taxes
| Parcel Number | 115962 | Improvements Assessment | $197,488 |
| Land Assessment | $134,862 | Total Assessment | $332,350 |
Property Taxes
Parcel Number
115962
Land Assessment
$134,862
Improvements Assessment
$197,488
Total Assessment
$332,350
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2527 Fm 691
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