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Pinnacle Realty Advisors

support@pinnaclera.com +1(972) 338-5441

$ 5,400,000

Est. payment -/mo

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1400 S Gribble Street Sherman, TX 75090

9.36 Acres Lot

UPDATED:

Key Details

Property Type Commercial

Sub Type Office

Listing Status Active

Purchase Type For Sale

MLS Listing ID 21016396

Total Fin. Sqft 24291

Year Built 1944

Annual Tax Amount $17,266

Lot Size 9.360 Acres

Acres 9.36

Property Sub-Type Office

Property Description

The Armory at 1400 Gribble - a 24,291sq ft estate on 9.36 acres. Originally a 1920s TX Natl Guard Armory, home to 111th Engineers & Thirty-Sixth Div, this property blends historic charm with modern luxury, ideal for corp hdqrts, event venues, secure facilities, mixed-use dev, or private estate. Situated 1 mile from the I.T. corridor, driven by over $40BB in tech invstmts, incl TX Instruments' $40BB semiconductor campus & GlobalWafers' $5BB silicon wafer facility, it benefits from Sherman's $500MM infrastructure upgrades, including water & wastewater systems, Hwy 75 enhancements, & new airport hangars, supporting a population boom potentially doubling to 90,000 in 5 to 10 yrs. Tyson Foods' expansion & downtown revitalization add vibrancy. SEDCO incentives, incl tax rebates & grants enhance ROI. The 120x60ft Great Hall features 20ft ceilings, 2 10-ton AC units, a 25ft HVLS Big Ass fan, seamless polyaspartic flooring, 12 Sonos HiFi speakers, & Perennial fabric roller shades. Indoor gun range offers 415-yard lanes, PEPP soundproofing, 5K CFPM HEPA scrubbing ideal for security or firearms use. Kitchen showcases a La Cornue Grand Palais 180 range, nickel quartzite waterfall countertops, Kohler sinks, a 90-second commercial dishwasher, & basalt mosaic flooring. Gameroom incl a Beverly Blue quartzite wet bar, 1890s Welsh slate snooker table, antique stained-glass lighting, & cherrywood cabinetry. Main bedroom suite has an original munitions safe, marble-floored bathroom with Kohler Real Rain shower, 2 Napoleon fireplaces, & Cambria quartz countertops. Patio features a Napoleon outdoor kitchen with a 6ft remote-controlled fireplace & flagstone paving. The 5,300sq ft annex has 25ft ceilings, 2 3-ton AC units, Sonos speakers, 12-camera surveillance, & 2 car lifts. Tech & security include 18-camera surveillance, high-speed internet with dedicated IP, & 2 vaults. Just one-eighth mile from Sherman Mun Airport, The Armory leverages Sherman's tech growth & proximity to Lake Texoma.

Location

State TX

County Grayson

Zoning (377) Commercial - Special use

Direction From US 75, just south of Sherman, exit onto South Travis St. Turn right onto Park, left on Gribble. Property is on the right.

Interior

Heating Central, Fireplace(s), Natural Gas

Cooling Ceiling Fan(s), Central Air, Electric, Multi Units

Flooring Carpet, Ceramic Tile, Other, Wood

Heat Source Central, Fireplace(s), Natural Gas

Exterior

Utilities Available Asphalt, Cable Available, City Sewer, City Water, Electricity Connected, Individual Water Meter, Phone Available

Roof Type Flat,Metal

Garage No

Building

Foundation Slab

Structure Type Block

Others

Ownership See Agent

Acceptable Financing Cash, Conventional

Listing Terms Cash, Conventional

Special Listing Condition Aerial Photo, Flood Plain

Virtual Tour https://www.zillow.com/view-imx/fdc2b3d4-5915-4533-834e-b037c9ed0bf5?setAttribution=mls&wl=true&initialViewType=pano&utm_source=dashboard

North Texas Real Estate Info Systems (NTREIS) -MetroTex and Collin County (CCAR)

Listed by Andy Scott • Dave Perry Miller Real Estate