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    5116 Texoma Pkwy Sherman, TX 75090

    For Sale
    $999,900

    Business - Sherman, TX

    Type:Business
    Property size:
    3,300 SF
    Lot size:
    0.72 Acres
    Days on Market:
    172
    Last Refresh:
    Dec 6 at 4:06 pm

    Property Features for 5116 Texoma Pkwy

    General Information

    Property type
    Commercial Sale
    Property subtype
    Business
    Standard status
    Active
    APN
    443151
    Size
    3,300 SF
    Lot size
    0.72 Acres

    Utilities

    Heating system
    Central
    Cooling system
    Central Air

    Building Details

    Year built
    1968
    Flooring type
    Concrete
    Building materials
    Brick
    Roof type
    Metal
    Architectural style
    Other

    CENTURY 21 Dean Gilbert, Realtors (903) 893-5188 [email protected]

    Listing agent Marilyn Williams (903) 893-5188 License #0484887

    Listing date Jun 18, 2025

    MLS# 20972857 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

    Remodeled Commercial Building Event Venue

    This fully remodeled and updated commercial building is currently operating as an events venue and offers flexibility for a variety of uses. The spacious 44' x 60' main room provides a large open layout, suitable for gatherings, retail displays, office workspaces, or warehouse needs. A 14' x 14' food prep or staging room adds convenience for events or future business operations. The building includes two restrooms, with the women's restroom featuring a 7' x 14' private dressing room, ideal for weddings, performances, or bridal parties. It also includes a private outside lighted lawn area suitable for fair weather receptions or events. Situated in a prime central location with excellent visibility and a high traffic count, this property on a 0.72-acre lot presents a rare opportunity for a wide range of business possibilities. The property is 3300 square feet and located in Sherman, TX.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Carl Rider Insurance Insurance Agency Rider Chiropractic Chiropractor

    Suggested Use

    Restaurant Realty agency Law Firm Spa & Massage Building Supply Hair Salon Wholesale Shop Auto Repair Shop Nail Salon Clothing Store

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

    Location Insight

    • Map
    • Local Demand
    City
    Sherman
    County
    Grayson
    State
    Texas
    Longitude
    -96.580982
    Latitude
    33.689356

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    FAQs

    What type of property is this?
    Retail space - Versatile commercial building, ideal event venue or multi-use space.
    Where is this retail space located?
    The property is located at 5116 Texoma Pkwy Sherman, TX.
    What is the asking price?
    The asking price for this property is $999,900.
    What are key features of this property?
    This property features: - Prime central location with excellent visibility and high traffic count; - Spacious 44' x 60' main room suitable for various uses; - Fully remodeled and updated commercial building
    (903) 893-5188
    Request Owner's contact information
    5116 Texoma Pkwy Sherman, TX 75090
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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
    5116 Texoma Pkwy Sherman, TX 75090
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