Flex Property with Climate-Controlled
2411 Texoma Parkway Sherman, TX 75090
2411 Texoma Parkway, Sherman, TX, 75090
$1,500,000
For Sale
$1,500,000
SINGLE_FAMILY - Sherman, TX
Property Size3,767 SF
Lot Size0.85 Acres
Price / SF$398.19
Days on Market71
Property Features for 2411 Texoma Parkway
General Information
- Property type
- Residential
- Property subtype
- Retail
- Standard status
- Active
- APN
- 388886
- Size
- 3,767 SF
- Lot size
- 0.85 Acres
Taxes and HOA fees
- Tax Description
- ALCOHOLIC SERVICES ADDN REPLAT PT OF HELEN PE
- Tax Annual Amount
- 12547
Utilities
- Sewer type
- Public Sewer
- Heating system
- Central
- Cooling system
- Central Air
- Water source
- Public
Building Details
- Year built
- 2017
- Floors in Building
- 2
- Number of units
- 1
- Flooring type
- Concrete
- Building materials
- MetalSiding
- Roof type
- Metal
Listing agency
Weichert Realtors-Solid Ground
(903) 583-4900
Listed by
ANGEL TITSWORTH · License #0489883
(903) 227-1933
Added: May 14 Updated: Jun 8 at 1:12PM Checked: Jul 23 at 8:06AM
MLS# 20672912
Copyright © 2026 North Texas Real Estate Information Systems, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Investment Insights
Based on property information with market context.
This flex property includes an 80x40 climate-controlled shop with two restrooms, along with a 50x40 showroom. The additional support areas include a wash bay, work bay, parts room, and a work room; those spaces are insulated but not climate controlled. A separate 560-square-foot private office building built in 2012 adds Hardy siding, two office spaces, and a coffee bar, and it could work well for private meetings or quieter office use separate from the shop.
Located at 2411 Texoma Parkway in Sherman, the site sits on nearly one acre and is positioned next to two large dealerships, Bob Utter Ford and Texoma Hyundai. The property is also in an Opportunity Zone, which may be of interest to qualified investors and operators.
With a layout that combines production or service space, a customer-facing showroom, and dedicated office accommodations, the property is a strong fit for businesses that want on-site operations with client or parts visibility. The separate office building offers flexibility for team workflows, while the climate-controlled shop can support more consistent work conditions throughout the year.
Located at 2411 Texoma Parkway in Sherman, the site sits on nearly one acre and is positioned next to two large dealerships, Bob Utter Ford and Texoma Hyundai. The property is also in an Opportunity Zone, which may be of interest to qualified investors and operators.
With a layout that combines production or service space, a customer-facing showroom, and dedicated office accommodations, the property is a strong fit for businesses that want on-site operations with client or parts visibility. The separate office building offers flexibility for team workflows, while the climate-controlled shop can support more consistent work conditions throughout the year.
Key Highlights
- Almost 1‑acre site on Texoma Parkway next to Bob Utter Ford and Texoma Hyundai
- 80x40 climate‑controlled shop with 2 restrooms
- 50x40 showroom plus wash bay, work bay, parts room, and work room (insulated but not climate controlled)
Local Financial Insights For Office B
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $115.7k | $30.72 |
| − Vacancy | −$31.7k | −$8.42 |
| EGI | $84.0k | $22.30 |
| − OpEx | −$21.0k | −$5.58 |
| NOI | $63.0k | $16.73 |
3,767 SF · lease $30.72/SF/yr · vacancy 27.40% · expense 25.00%
Alternative Uses
Best Use
Office B
$900.2K
$787.6K – $1.05M
NOI $63,011 @ 7.0% cap · market cap 4.20%
Second Best
Retail
$893.2K
$781.6K – $1.04M
NOI $62,526 @ 7.0% cap · market cap 4.17%
Theoretical Best
Hotel Hospitality
$1.93M
$1.69M – $2.25M
NOI $135,273 @ 7.0% cap · market cap 9.02%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Five and Dime Outdoors
(Bike/Boat/Book/etc) Store
Five and Dime Certified ...
Car Dealership
Similar For Sale Nearby
Similar Off Market Nearby
- Chic Cotton Candy — 1911 N Loy Lake Rd, Sherman, TX 75090
FAQs
What type of property is this?
Flex space - Climate-controlled workshop plus showroom and separate office building support a variety of service and light industrial uses.
Where is this flex space located?
The property is located at 2411 Texoma Parkway Sherman, TX.
What is the asking price?
The asking price for this property is $1,500,000.
What are key features of this property?
This property features: Almost 1‑acre site on Texoma Parkway next to Bob Utter Ford and Texoma Hyundai; 80x40 climate‑controlled shop with 2 restrooms; 50x40 showroom plus wash bay, work bay, parts room, and work room (insulated but not climate controlled)
