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    2021 Loy Lake Rd Sherman, TX 75090

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    For Lease
    $13 SF/Yr ($1,621 /Mo)

    Retail space available in high-traffic Sherman plaza.

    Property size:
    1,497 SF
    Lot size:
    2.68 Acres

    Property Features for 2021 Loy Lake Rd

    General Information

    Size
    1,497 SF
    Lot size
    2.68 Acres

    Source: Preston Bend Real Estate Agent Randy Jay

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Retail Space in Loy Lake

    Located in Sherman, Texas, just north of Texoma Parkway, Loy Lake Plaza benefits from a central location with a high traffic count, providing excellent visibility and accessibility. The plaza offers easy access from Interstate 75 and is situated in an area experiencing new development. The property contains 1497 square feet of retail space. Tenant improvement dollars are available from the owner. The rental rate is below market.
    Location Intelligence

    Current Use by Public Records

    Strip malls

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Spa & Massage Dental Office Wholesale Shop Auto Repair Shop Hair 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
    -96.6050305
    Latitude
    33.6584288

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    FAQs

    What type of property is this?
    Strip mall - Retail space available in high-traffic Sherman plaza.
    Where is this strip mall located?
    The property is located at 2021 Loy Lake Rd Sherman, TX.
    What is the lease rate?
    The lease rate is $13 SF/Yr.
    What are key features of this property?
    This property features: - High traffic count and **excellent visibility due to central location.**; - **Easy access from Interstate 75.**; - Located in an area experiencing new development.
    (972) 413-0375
    Request Owner's contact information
    2021 Loy Lake Rd 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
    2021 Loy Lake Rd Sherman, TX 75090
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