5626 Texoma Parkway Sherman, TX 75090
Warehouse totaling 7,616 SF includes a dedicated office, two half bathrooms, and three 12-foot roll-up doors.
Property Features for 5626 Texoma Parkway
General Information
- Standard status
- Active
- Size
- 7,616 SF
- Property subtype
- Warehouse
Building Details
- Year Built
- 1982
Listing office PARAGON, REALTORS (903) 893-8174
Listing date Jul 13, 2026
Source Lonestarluxuryrealty
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 PARAGON, REALTORS
Investment Insights
Based on property information with market context.
Located on Texoma Parkway, the property is described as benefiting from high visibility and accessibility, with traffic reported at more than 13,000 vehicles per day. The surrounding area includes major businesses such as Oncor Electric, Ready Now Storage, TAPS, and Graham International.
The site includes an expansive lot with parking for employees, customers, work vehicles, and heavy equipment, with additional room described as available for future expansion or outdoor storage.
Key Highlights
- 7,616 SF warehouse built in 1982 with a dedicated office and two half bathrooms
- Warehouse includes three 12‑foot roll‑up doors for shipping, receiving, and loading
- Abundant warehouse storage space with an office area included in the 7,616 SF
Local Financial Insights For Warehouse
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 | $62.1k | $8.16 |
| − Vacancy | −$5.5k | −$0.72 |
| EGI | $56.7k | $7.44 |
| − OpEx | −$8.5k | −$1.12 |
| NOI | $48.2k | $6.33 |
Alternative Uses
Property Analytics
Current Use by Public Records
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