2909 Michelle Dr | Sherman, TX 75092
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- LoopNet Team
2909 Michelle Dr
Sherman, TX 75092
Holiday Inn Express · Hospitality Property For Sale
·
51,040 SF
INVESTMENT HIGHLIGHTS
- Modern Construction: Built in 2006, the property offers the advantages of relatively recent construction.
- Further diversify the local economy and increase demand for various services, including accommodation.
- Strategic Location: Sherman is located approximately 75 miles north of Dallas along Highway 75, a major transportation corridor.
- GlobiTech’s $5 Billion Silicon Wafer Manufacturing Plant: The establishment of a $5 billion silicon wafer manufacturing plant by GlobiTech.
- Easy Foods will be located next to a new $25 million corn mill by Molinos USA, indicating a growing food manufacturing ecosystem in the area.
PROPERTY FACTS
| Property Type | Hospitality | No. Stories | 4 |
| Property Subtype | Hotel | Year Built/Renovated | 2006/2012 |
| Building Class | B | Parking Ratio | 1.88/1,000 SF |
| Lot Size | 4.56 AC | Corridor | Interior |
| Building Size | 51,040 SF | ||
| Zoning | F1 | ||
| Property Type | Hospitality |
| Property Subtype | Hotel |
| Building Class | B |
| Lot Size | 4.56 AC |
| Building Size | 51,040 SF |
| No. Stories | 4 |
| Year Built/Renovated | 2006/2012 |
| Parking Ratio | 1.88/1,000 SF |
| Corridor | Interior |
| Zoning | F1 |
AMENITIES
- Business Center
- Fitness Center
- Pool
- High Speed Internet Access
- Meeting Event Space
- Public Access Wifi
- Smoke-Free
- Hot Tub
PROPERTY TAXES
| Parcel Number | 255016 | Improvements Assessment | $6,987,403 |
| Land Assessment | $1,408,820 | Total Assessment | $8,396,223 |
PROPERTY TAXES
Parcel Number
255016
Land Assessment
$1,408,820
Improvements Assessment
$6,987,403
Total Assessment
$8,396,223
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