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    402 W Lamar St Sherman, TX 75090

    For Lease
    $1,400 /Mo ($0.41 SF/Yr)

    Office - Sherman, TX

    Type:Office
    Lot size:
    0.94 Acres
    Days on Market:
    130
    Last Refresh:
    Dec 8 at 6:06 am

    Property Features for 402 W Lamar St

    General Information

    Property type
    Other
    Property subtype
    Office
    Standard status
    Active
    APN
    163449
    Parking features
    Off Street, Open, Parking Lot
    Lot size
    0.94 Acres

    Utilities

    Heating system
    Central, Electric (Heating)
    Cooling system
    Central Air

    Building Details

    Year built
    1901
    Flooring type
    Wood
    Building materials
    Brick
    Roof type
    Composition
    Architectural style
    Other

    Tracy Realty (903) 786-3115

    Listing agent Tommi Sue Homuth (903) 786-3115 License #0623240

    Listing date Aug 1, 2025

    MLS# 21019827 Listing URL

    Copyright © 2025 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.

    Overview

    Bright Office Space Near Sherman

    This freshly painted, five-room office suite is located just minutes from Sherman Square. The space features an abundance of natural light and a modern, professional feel, making it suitable for a wide range of office uses. On-site parking is available. Electricity and water utilities are included. A deli serving specialty coffees, breakfast, and lunch is located in the building. The property is located in Sherman, Texas, in Grayson County, with a postal code of 75090. The lot size is 0.937 acres.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Hope For Texoma Counselor Serenity Works Massage Therapist American SENIORS Insurance Health Insurance Agency Uselton Ronald W Attorney Dunn Law Offices Law Firm

    Suggested Use

    Realty agency Restaurant Law Firm Spa & Massage Dental Office Hair Salon Nail Salon Building Supply Clothing Store Gym & Fitness

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Sherman
    County
    Grayson
    State
    Texas
    Longitude
    -96.6130511
    Latitude
    33.6345413

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    FAQs

    What type of property is this?
    Office space - Five-room office suite near Sherman Square with included utilities.
    Where is this office space located?
    The property is located at 402 W Lamar St Sherman, TX.
    What is the lease rate?
    The lease rate is $0.41 SF/Yr.
    What are key features of this property?
    This property features: - Prime Location: Minutes from Sherman Square.; - Move-In Ready: Freshly painted and ready for immediate occupancy.; - All Utilities Included: Electricity and Water are included in the rent.
    (903) 786-3115
    Request Owner's contact information
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    Sherman, TX 75090
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    402 W Lamar St Sherman, TX 75090
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