Warehouse with Roll-Up
5626 Texoma Parkway, Sherman, TX 75090
For Sale
$649,000
CommercialSale, Sherman, TX
Property Size7,616 SF
Lot Size1.08 Acres
Price / SF$85.22
Days on Market45
Property Features for 5626 Texoma Parkway
General Information
Property type
Property subtype
Zoning description
Parking features
Accessibility
Subdivision
Directions
Standard status
APN
Size
Lot size
Additional Details
Property Use
Taxes and HOA fees
Tax Description
Tax Annual Amount
Legal Description
Utilities
Sewer type
Cooling system
Water source
Building Details
Year built
Floors in Building
Number of units
Flooring type
Building materials
Roof type
Listing Agency:
Compass RE Texas, LLC.
(214) 814-8100
Listed By:
Stephany Smith · License TX #713158
Added: Sep 29
Changed: Nov 11
Last Checked: Nov 12 at 8:06AM
MLS# 21399094
Copyright © 2026 North Texas Real Estate Information Systems, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
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Investment Insights
Based on property information with market context.
The 7,616-square-foot warehouse includes a dedicated office, two half bathrooms, and storage space. Three 12-foot roll-up doors support loading and receiving. The property occupies 1.08 acres and has a concrete floor, metal roof, and window-unit cooling. An accessible approach ramp is also present, with public water and sewer service.
Frontage is on Texoma Parkway, where the property information reports daily traffic of more than 13,000 vehicles. Oncor Electric, Ready Now Storage, TAPS, and Graham International are identified as nearby businesses. The site is in Sherman, Texas.
Frontage is on Texoma Parkway, where the property information reports daily traffic of more than 13,000 vehicles. Oncor Electric, Ready Now Storage, TAPS, and Graham International are identified as nearby businesses. The site is in Sherman, Texas.
Key Highlights
- 7,616‑square‑foot warehouse on a 1.08‑acre lot
- Three 12‑foot roll‑up doors
- Dedicated office, two half bathrooms, and storage
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$48,176
Cap Rate
7.42%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$963,520
$963.5K
Cap Rate 7%
$688,229
$688.2K
Cap Rate 9%
$535,289
$535.3K
Market Conditions
NOI Build-Up for 7,616 SF
Gross rent
$62.1K $8.16/SF
− Vacancy
−$5.5K −$0.72/SF
EGI
$56.7K $7.44/SF
− OpEx
−$8.5K −$1.12/SF
NOI
$48.2K $6.33/SF
Area
Grayson County, TX
Vacancy
8.80%
Lease Rate
$8.16 /SF/Yr
Expense Ratio
15.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$963,520
Cap Rate 7%
$688,229
Cap Rate 9%
$535,289
Alternative Uses
Best Use
Warehouse
$688.2K
$602.2K – $802.9K
NOI $48,176 @ 7.0% cap · market cap 7.42%
Second Best
Industrial
$566.8K
$495.9K – $661.2K
NOI $39,674 @ 7.0% cap · market cap 6.11%
Theoretical Best
Office A
$2.68M
$2.34M – $3.13M
NOI $187,536 @ 7.0% cap · market cap 28.90%
Zoning and permitted uses should be independently verified with authorities.
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Property Analytics
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Current Use
Lease Details
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
216
Businesses Nearby
Well-served
Demand for This Use
Explore this area
Business Placement
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
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Market
Properties on Market for Warehouses in Sherman
Vacancy Rate% for Industrial in South region
Similar Off Market Nearby
- CubeSmart Self Storage — 2601 Hilltop Dr, Sherman, TX 75090
- CubeSmart Self Storage — 4800 Texoma Pkwy, Sherman, TX 75090
Frequently Asked Questions
What type of property is this?
Warehouse - Office space, two half bathrooms, and extensive storage accompany a warehouse configured for shipping and receiving.
Where is this warehouse located?
The property is located at 5626 Texoma Parkway Sherman, TX.
What is the asking price?
The asking price for this property is $649,000.
What are key features of this property?
This property features: 7,616‑square‑foot warehouse on a 1.08‑acre lot; Three 12‑foot roll‑up doors; Dedicated office, two half bathrooms, and storage
