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    2411 Texoma Pkwy Sherman, TX 75090

    For Sale
    $1,600,000

    High-traffic location, large shop & office space.

    Property size:
    3,767 SF

    Description

    Added:
    Feb 3, 2025
    Days on Market:
    308
    This exceptional 3,767 square foot retail property, situated on a 0.85-acre lot at 2411 Texoma Parkway in Sherman, Texas, presents a unique investment opportunity. Its prime location on Texoma Parkway, adjacent to Bob Utter Ford and Texoma Hyundai dealerships, ensures high visibility and substantial foot traffic. The property boasts a substantial 80x40 climate-controlled shop, complete with two restrooms, offering ample space for various commercial uses. A 50x40 showroom provides additional display area, while a dedicated wash bay, work bay, parts room, and work room (insulated, but not climate-controlled) cater to diverse operational needs. A separate, 560 square foot private office building, constructed in 2012 and featuring Hardy siding, offers two private offices and a coffee bar, ideal for meetings or administrative functions. This building provides a quiet, separate workspace from the main shop area. Furthermore, the property's location within an Opportunity Zone provides significant tax advantages for qualified investors, making this a compelling investment prospect with substantial potential for return. The property is priced at $1,600,000.

    Property Features for 2411 Texoma Pkwy

    General Information

    Property type
    Retail properties
    Square Feet
    3,767 SF
    Lot Size
    37,026 SF

    Building Details

    Year Built
    2017
    Insight Report Location Intelligence

    Current Use by Public Records

    Five and Dime Outdoors Powersports Vehicle Dealer Five and Dime Certified ... Used Car Dealer

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Building Supply 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
    -96.59573
    Latitude
    33.66479

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    FAQs

    What type of property is this?
    Retail property - High-traffic location, large shop & office space.
    Where is this retail property located?
    The property is located at 2411 Texoma Pkwy Sherman, TX.
    What is the asking price?
    The asking price for this property is $1,600,000.
    Request Owner's contact information
    2411 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
    2411 Texoma Pkwy Sherman, TX 75090
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