28400 W Us Highway 82, Sherman, TX 75092
18 acres with commercial building and pond in Sherman, TX.
- Added:
- Apr 22, 2026
- Days on Market:
- 52
- Last Refresh:
- Apr 22 at 5:22 pm
Property Features for 28400 W Us Highway 82
General Information
- Standard status
- Active
- Size
- 8,582 SF
- Lot size
- 18.00 Acres
- Property subtype
- Commercial
Building Details
- Year Built
- 2020
Listing agent Jeremy Lock
Listing office Keller Williams Prosper Celina
Listing date Apr 22, 2026
Source Signaturere
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All listing content including descriptions, pricing, images are the copyrighted material of Keller Williams Prosper Celina
HighLights
- Ag‑exempt 18‑acre land with extensive frontage on Hwy 82.
- Newly constructed commercial building with pier slab foundation.
- Multiple office spaces, kitchen, and dining area ready for occupancy.
- Gorgeous pond adding charm and recreational value.
- Incredible central location minutes from Sherman, TX.
- Built in 2020.
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 | $263.6k | $30.72 |
| − Vacancy | −$72.2k | −$8.42 |
| EGI | $191.4k | $22.30 |
| − OpEx | −$47.9k | −$5.58 |
| NOI | $143.6k | $16.73 |
Alternative Uses
Current Use by Public Records
Location Insight
- Map
- Local Demand
- City
- Sherman
- County
- Grayson
- State
- Texas
- Longitude
- -96.842106
- Latitude
- 33.671134