Sherman, TX 75090 4020 Texoma Parkway
$449,900



32 more
































Presented By: HBL, Realtors
Disclaimer: The information contained in this listing has not been verified by Bold Real Estate and should be verified by the buyer.
Home Details
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 GlobalWafers ($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!
Presented By: HBL, Realtors
Interior Features for 4020 Texoma Parkway
Other Interior Features
FlooringCarpet, Tile
Lock Box TypeNone
SQFT Gross2040
Total Stories1
Total Units1
General for 4020 Texoma Parkway
Accessibility FeaturesAccessible Doors, Accessible Entrance, Accessible Hallway(s)
Building UseMedical, Office
Business TypeMedical
Ceiling Height8 to10 Feet
CitySherman
Construction MaterialsStucco, Other
CoolingCentral Air, Electric, Zoned
CountyGrayson
DirectionsFrom 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.
ExclusionsBusiness and all business fixtures and personal property.
Gross Annual Expenses0.00
HeatingCentral, Electric, Zoned
Listing Terms1031 Exchange, Cash, Conventional, Lease Back
PossessionNegotiable, Subject to Lease
Property SubtypeOffice
Property TypeCommercial Sale
RoofBuilt-Up, Flat
Security FeaturesCarbon Monoxide Detector(s), Security Lights, Security System, Security System Owned, Smoke Detector(s)
Special NotesAerial Photo, Survey Available, Utility Easement
Standard StatusActive
StatusActive
Subdivision NameW F Patterson Surv Abs #969
Tenant PaysNone
Unexempt Taxes7936
UtilitiesAll Weather Road, Cable Available, City Water, Concrete, Curbs, Electricity Connected, Individual Gas Meter, Individual Water Meter, Overhead Utilities, Phone Available, Septic, Underground Utilities
Virtual Tour URL BrandedClick here
Virtual Tour URL UnbrandedClick here
Will SubdivideNo
Year Built1980
Year Built DetailsPreowned
Zoning DescriptionCOMMERCIAL
Exterior for 4020 Texoma Parkway
Building Area Total2040.00
Construction Materials WallsOther, Texture
Foundation Slab
Lot FeaturesIrregular Lot, Landscaped, Level
Lot SizeLess Than .5 Acre (not Zero)
Lot Size Acres0.3800
Lot Size Area0.3800
Lot Size SourceAssessor
Lot Size Square Feet16552.8000
Lot Size UnitsAcres
Parking FeaturesAdditional Parking, Asphalt, Parking Lot, Paved
Road Frontage TypeHighway
WaterfrontNo
Additional Details
Price History
Suzanne Smith
Broker/Owner
