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Texoma Parkway Commercial Property
For Sale
$424,900

4020 Texoma Parkway, Sherman, TX 75090

Prime commercial property on Texoma Parkway in Sherman, Texas.

Property SizeContact for details
Days on Market106

Property Features for 4020 Texoma Parkway

General Information

Standard status Active
Property subtype Commercial

Building Details

Year Built 1980
Listing Agency: HBL, Realtors
Listed By: Victoria Woodard · License #205247
Source: Signaturere
Added: Apr 22 Changed: Jul 10 Last Checked: Aug 4 at 1:17PM

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 HBL, Realtors

Investment Insights

Based on property information with market context.

This commercial property is located on Texoma Parkway in Sherman, Texas, an area experiencing rapid growth due to major industrial projects. The building has been home to a successful medical practice since 1980. Featuring an eye-catching glass facade and a sturdy stucco exterior, the building is suitable for a variety of business ventures. The property is turn-key and offers paved parking. An additional 1.73 acres adjacent to the property is also available for purchase. Sherman is 40 miles north of the DFW Metroplex, with direct access to U.S. Highway 75, I-35, and major rail networks. The area offers a skilled labor force supported by Grayson College's health care and nursing programs and Austin College's STEM and business programs. The City of Sherman is focusing on balancing rapid growth with infrastructure to ensure development is supported by adequate services. The surge in development is creating strong demand for retail, entertainment, health care services, and housing.

Key Highlights

  • Prime commercial property with frontage on Texoma Parkway.
  • Strategic location: Direct access to U.S. Highway 75 and I‑35.
  • Excellent investment opportunity due to major industrial projects driving demand.

Property Analytics

Current Use

Wren Chiropractic Center Alternative Medicine Practice Wren Vance R ... Alternative Medicine Practice Rick Wren Doctor ... Alternative Medicine Practice Vance Wren Alternative Medicine Practice

Suggested Use

Top Pick Real Estate Agency Law Firm Pharmacy Garden Center Plumbing Service Grocery & Convenience Store

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

522
Businesses Nearby
Under-served
Demand for This Use

Demographics for 75090, TX

25,002
Population
9,602
Households
2.6
Avg Household Size
35
Median Age
15%
College-Educated
84%
High-School Grad
78.5 sq mi
ZIP Area
318
Density / Sq Mi
$58,586
Median Household Income
$36,230
Median Earnings
$1,111
Median Rent
$163,500
Median Home Value

Market

Vacancy Rate% for Office in South region

14.4% 2019
16.4% 2020
17.3% 2021
18% 2022
18.6% 2023
20.3% 2024
20.2% 2025
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Frequently Asked Questions

What type of property is this?
Medical Office Space - Prime commercial property on Texoma Parkway in Sherman, Texas.
Where is this medical office space located?
The property is located at 4020 Texoma Parkway Sherman, TX.
What is the asking price?
The asking price for this property is $424,900.
What are key features of this property?
This property features: Prime commercial property with frontage on Texoma Parkway.; Strategic location: Direct access to U.S. Highway 75 and I‑35.; Excellent investment opportunity due to major industrial projects driving demand.
More about this property
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