4020 TEXOMA PARKWAY, SHERMAN, TX 75090

Homes for sale in Sherman.

Homes for sale in 75090.


Active

List Price$424,900

4020 Texoma Parkway

Sherman, TX 75090

Listing Image Listing Image Listing Image Listing Image Listing Image Listing Image Listing Image

Listing #21200523

2,040

Square Feet

1

Number of Units

Commercial

Type

About This Property

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!

Property Features

Location Information

County

Grayson

Subdivision

W F Patterson Surv Abs #969

Interior Features

Has Fireplace

No

Tenant Pays

None

Heating

Central, Electric, Zoned

Total Number of Units

1

Cooling

Central Air, Electric, Zoned

Accessibility

Accessible Doors, Accessible Entrance, Accessible Ha

Floors

Carpet, Tile

Exterior Features

Construction

Other, Stucco

Lot Size in Sq. Ft.

16,552

Foundation

Slab

Possible Best Use

Medical/Dental, Office

Roof

Built-Up, Flat

Zoning

COMMERCIAL

Utilities

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

Building Total Area (Sq. Ft.)

2,040

Security System

Security System Owned, Security System, Carbon Monox

Road Description

Highway, All Weather Road

Parking Description

Additional Parking, Asphalt, Paved, Parking Lot

Is One Story

No

Lot Description

Irregular Lot, Landscaped, Level

Lot Description

Irregular Lot, Landscaped, Level

Lot Size in Acres

0.38

Additional Information

Year Built Details

Preowned

Tax Annual Amount

7936.0

Property Type

COM

Exclusions

Business and all business fixtures and personal property.

Property SubType

Office

Community Features

Curbs

Year Built

1980

Documents Available

Aerial, Survey

Status

Active

Lot Acres Source

Assessor

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Mortgage Calculator

$1,984

per month

30 Year Fixed. 3.52% Interest Rate.

Principal + Interest

$1,531

Monthly Tax

$354

Monthly Insurance

$99

yrs

%

$

$

Based on a fully amortized fixed rate loan. Ask your agent for the tax rates in your area. Insurance estimate is based on an average cost, your final premium cost will be determined by the type of coverage you select. This program only provides an estimate.

Schools

Walk Score

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