815 Pecan Grove Road E, Sherman, TX 75090
5,250 SF medical office building in high-visibility location.
- Added:
- Apr 22, 2026
- Days on Market:
- 54
- Last Refresh:
- Apr 22 at 5:26 pm
Property Features for 815 Pecan Grove Road E
General Information
- Standard status
- Active
- Size
- 5,140 SF
- Property subtype
- Commercial
Building Details
- Year Built
- 1985
Listing agent Will McDougal
Listing office Bluestone Partners, LLC
Listing date Apr 22, 2026
Source Signaturere
Displayed information is deemed reliable but is not guaranteed and should be independently verified.
All listing content including descriptions, pricing, images are the copyrighted material of Bluestone Partners, LLC
HighLights
- 5,250 sq ft medical office building in a high‑visibility location.
- Purpose‑built for medical use with a flexible layout including multiple exam rooms, private offices, and procedure rooms.
- Ample on‑site parking for patients and staff.
- Strategically located near hospitals and major transportation routes.
- Strong demographics in the surrounding area.
- Modern infrastructure with high‑speed connectivity.
Overview
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 | $157.9k | $30.72 |
| − Vacancy | −$43.3k | −$8.42 |
| EGI | $114.6k | $22.30 |
| − OpEx | −$28.7k | −$5.58 |
| NOI | $86.0k | $16.73 |
Alternative Uses
Current Use by Public Records
Similar Places Nearby
- Petco Vaccination Clinic — 4184 Town Center Dr, Sherman, TX 75092
Location Insight
- Map
- Local Demand
- City
- Sherman
- County
- Grayson
- State
- Texas
- Longitude
- -96.6053681
- Latitude
- 33.6753509