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Jonella Herrera

jonellaherrera@purerealty.com +1(737) 373-2704

$399,000

Est. payment - /mo

2,040 SqFt

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Key Details

Property Type Commercial

Sub Type Office

Listing Status Active

Purchase Type For Sale

Square Footage 2,040 sqft

Price per Sqft $195

Subdivision W F Patterson Surv Abs #969

MLS Listing ID 21200523

HOA Y/N No

Year Built 1980

Annual Tax Amount $7,936

Lot Size 0.380 Acres

Acres 0.38

Property Sub-Type Office

Property Description

PRICE IMPROVEMENT! PRIME COMMERCIAL PROPERTY! FRONTAGE ON TEXOMA PARKWAY! Sherman, Texas, is experiencing rapid growth driven by major industrial projects such as Texas Instruments ($30B investment, 3,000 jobs) and Global Wafers ($5B investment, 1,500 jobs). The surge in development is creating strong demand for retail, entertainment, health care services, and housing. The City of Sherman is focusing on balancing rapid growth with infrastructure to ensure development is supported by adequate services. Strategic Location – 40 miles north of DFW Metroplex, with direct access to U.S. Highway 75, I-35, and major rail networks. Business-Friendly Climate – No corporate or personal income tax, local tax abatements, and customized incentive packages encourage business. The area offers a skilled labor force supported by Grayson College's health care and nursing programs and Austin College's STEM and business programs. Lower Cost of Doing Business – Affordable land, utilities, and workforce compared to Dallas-Fort Worth and other major metros. This office building has been home to a successful medical practice since 1980. The property presents an excellent investment opportunity to purchase now and grow equity as the area continues to expand. With an eye-catching glass facade and sturdy stucco exterior, the building is ideal for a variety of business ventures. The building is turn-key and offers paved parking. Need more space? An additional 1.73 acres adjacent to the property is also available for purchase. Don't miss this opportunity to strategically position your business for success in booming Sherman, TX!

Location

State TX

County Grayson

Community Curbs

Zoning COMMERCIAL

Direction From Hwy 75, exit at Hwy 82 East. Travel east on Hwy 82 to Texoma Pkwy. Travel north on Texoma Parkway approximately 1 mile. The property is located on the west side of the road.

Interior

Heating Central, Electric, Zoned

Cooling Central Air, Electric, Zoned

Flooring Carpet, Tile

Inclusions Land & Improvements

Fireplace No

Exterior

Parking Features Additional Parking, Asphalt, Paved, Parking Lot

Community Features Curbs

Utilities Available Cable Available, Electricity Connected, Natural Gas Available, Overhead Utilities, Phone Available, Septic Available, Separate Meters, Underground Utilities, Water Available

Water Access Desc Public

Roof Type Built-Up,Flat

Accessibility Accessible Doors, Accessible Entrance, Accessible Hallway(s)

Road Frontage Highway, All Weather Road

Private Pool No

Building

Lot Description Irregular Lot, Landscaped, Level

Story 1

Foundation Slab

Sewer Septic Tank

Water Public

Others

Tax ID 154538

Security Features Security System Owned,Security System,Carbon Monoxide Detector(s),Smoke Detector(s),Security Lights

Acceptable Financing Cash, Conventional, 1031 Exchange, Lease Back

Listing Terms Cash, Conventional, 1031 Exchange, Lease Back

Virtual Tour https://www.propertypanorama.com/instaview/ntreis/21200523

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Jonella Herrera

+1(737) 373-2704

Agent | License ID: 609596

Agent License ID: 609596

4020 Texoma Pkwy Sherman, TX 75090

Jonella Herrera

Key Details

Location

Interior

Exterior

Building

Others

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