4020 Texoma Pkwy, Sherman, TX 75090
- $424,900
- List Price
- $424,900
- Price Change
- ▼ $25,000 1779249277
- MLS#
- 21200523
- Status
- ACTIVE
- Type
- Commercial
- Subtype
- CommercialSale
- Year Built
- 1980
- Construction Status
- Preowned
- Acres
- 0.38
- County
- Grayson
- City
- Sherman
- Subdivision
- W F Patterson Surv Abs #969
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!
Additional Information
- Unexempt Taxes
- $7,936
- Lot Size
- 16,552
- Lot Description
- Irregular Lot, Landscaped, Level
- Flooring
- Carpet, Tile
- Foundation
- Slab
- Roof
- Flat
- Building Stories
- 1
- Parking Garage
- Additional Parking, Asphalt, Paved, Parking Lot
- Proposed Use
- Medical/Dental, Office
- Inclusions
- Land & Improvements
- Possession
- Negotiable, SubjectToTenantRights
- Community Features
- Curbs
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Listing courtesy of Victoria Woodard from HBL, Realtors. Contact: 903-786-6063