Former Daycare Building with Vacant Lot | 1500 W Crawford St
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Former Daycare Building with Vacant Lot 1500 W Crawford St
4,000 SF Office Building Denison, TX 75020 $1,200,000 ($300/SF)
Investment Highlights
- Versatile Building with Large Open Areas, Remodeled Kitchen Area, Expansive Backyard Area and Adjacent Vacant Lot
- Direct Route to US-75
- One of the Fastest Growing Markets in Texas
- Great Visibility in Residential Neighborhood Close to Intermediate and Elementary Schools
- Minutes From Major Retail / Restaurants
Executive Summary
Originally built and operated as a neighborhood daycare center since 1972, this now vacant versatile building with expansive backyard area and adjacent vacant lot (1506 W. Crawford St) is situated on a neighborhood corner lot with great visibility. It has a covered front porch with a lobby/reception area upon entering, large open areas (6), bathrooms (3), utility room with washer/dryer hookups and kitchen area that was remodeled in 2020 with new countertops, stainless steel sinks, gas stove & double ovens. There is a large, covered back porch that extends the entire width of the building and a fenced, extensive yard area including an additional side yard. The adjacent vacant lot provides room for potential expansion and/or additional parking. The roof was replaced approx. four years ago. One of the two HVAC systems was replaced approx. one year ago.
US-75 is 2.5 miles west down W. Crawford making this location convenient and easy to access for those coming from outside the residential community surrounding the property.
Sherman / Denison area is currently experiencing explosive growth with the $30B Texas Instruments manufacturing plant set to open in 2025 and major retail not far from the property such as; Chic Fil A, CVS, Quik Trip, Starbucks, Schlotzsky’s, Burger King, McDonald’s, Cotton Patch Cafe, Arby’s, Walmart, Braum’s, Best Western, La Quinta, Taco Bell, iHOP and many others.
Houston Elementary School is only 0.5 miles away and B. McDaniel Intermediate School just 2.2 miles west down W. Crawford St. as well with a large development going in across the street from the school.
This location is currently zoned SF-7.5 which allows for non-residential use such as school, church, child care center, private recreation facility and potentially low impact home based businesses although some of these usages may require special approvals. Contacting the City of Denison regarding permitted uses at this location is the responsibility of the Buyer. There are office buildings for professional services directly across the street so contacting the City of Denison to discuss the possibility for a zoning change to allow for other commercial purposes such as professional services office space at this location is highly recommended.
US-75 is 2.5 miles west down W. Crawford making this location convenient and easy to access for those coming from outside the residential community surrounding the property.
Sherman / Denison area is currently experiencing explosive growth with the $30B Texas Instruments manufacturing plant set to open in 2025 and major retail not far from the property such as; Chic Fil A, CVS, Quik Trip, Starbucks, Schlotzsky’s, Burger King, McDonald’s, Cotton Patch Cafe, Arby’s, Walmart, Braum’s, Best Western, La Quinta, Taco Bell, iHOP and many others.
Houston Elementary School is only 0.5 miles away and B. McDaniel Intermediate School just 2.2 miles west down W. Crawford St. as well with a large development going in across the street from the school.
This location is currently zoned SF-7.5 which allows for non-residential use such as school, church, child care center, private recreation facility and potentially low impact home based businesses although some of these usages may require special approvals. Contacting the City of Denison regarding permitted uses at this location is the responsibility of the Buyer. There are office buildings for professional services directly across the street so contacting the City of Denison to discuss the possibility for a zoning change to allow for other commercial purposes such as professional services office space at this location is highly recommended.
Taxes & Operating Expenses (Actual - 2024) Click Here to Access |
Annual | Annual Per SF |
---|---|---|
Taxes | - | - |
Operating Expenses | - | - |
Total Expenses | $99,999 | $9.99 |
Taxes & Operating Expenses (Actual - 2024) Click Here to Access
Taxes | |
---|---|
Annual | - |
Annual Per SF | - |
Operating Expenses | |
---|---|
Annual | - |
Annual Per SF | - |
Total Expenses | |
---|---|
Annual | $99,999 |
Annual Per SF | $9.99 |
Property Facts
Sale Type
Owner User
Property Type
Building Size
4,000 SF
Building Class
B
Year Built
1972
Price
$1,200,000
Price Per SF
$300
Building Height
1 Story
Typical Floor Size
4,000 SF
Building FAR
0.15
Land Acres
0.62 AC
Zoning
SF-7.5 - Allows for non-residential use such as school, church, child care center, private recreation facility & MAY allow low impact home based businesses.
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PROPERTY TAXES
Parcel Numbers | Improvements Assessment | $168,341 (2023) | |
Land Assessment | $87,822 (2023) | Total Assessment | $256,163 (2023) |
PROPERTY TAXES
Parcel Numbers
Land Assessment
$87,822 (2023)
Improvements Assessment
$168,341 (2023)
Total Assessment
$256,163 (2023)
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Former Daycare Building with Vacant Lot | 1500 W Crawford St
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