4020 TEXOMA PARKWAY, SHERMAN, TX 75090
Homes for sale in Sherman.
Homes for sale in 75090.
List Price$424,900
4020 Texoma Parkway
Sherman, TX 75090
Listing #21200523
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
Similar Listings
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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