Warehouse with Three Roll-Up
For Sale
$699,000
5626 Texoma Parkway, Sherman, TX 75090
CommercialSale, Sherman, TX
Property Size7,616 SF
Lot Size1.08 Acres
Price / SF$91.78
Days on Market15
Property Features for 5626 Texoma Parkway
General Information
Property type
Commercial Sale
Property subtype
Other
Zoning description
C-2
Parking features
Boat, RV
Accessibility
Accessible Approach with Ramp
Subdivision
Dc Shelp Surv Abs #1097
Directions
GPS is accurate - Take FM 691 to Texoma Parkway, turn right, property is on your right.
Standard status
Active
APN
154241
Lot size
1.08 Acres
Taxes and HOA fees
Tax Description
G-1097 SHELP D C A-G1097, ACRES .995
Tax Annual Amount
4244
Legal Description
G-1097 SHELP D C A-G1097, ACRES .995
Utilities
Sewer type
Public Sewer
Cooling system
Window Unit(s)
Water source
Public
Building Details
Year built
1982
Floors in Building
1
Number of units
1
Flooring type
Concrete
Building materials
AluminumSiding, Concrete
Roof type
Metal
Listing Agency:
Compass RE Texas, LLC.
(214) 814-8100
Listed By:
Stephany Smith
Added: Sep 29
Changed: Sep 30
Last Checked: Oct 13 at 10:06PM
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.
Investment Insights
Based on property information with market context.
This 7,616-square-foot warehouse includes a dedicated office, two half bathrooms, and storage space. Three 12-foot roll-up doors provide access to the building. The structure was built in 1982 and has a metal roof, concrete flooring, aluminum siding, and window-unit cooling.
The property occupies 1.08 acres at 5626 Texoma Parkway in Sherman. Daily traffic on Texoma Parkway exceeds 13,000 vehicles. Public water and sewer serve the property.
The property occupies 1.08 acres at 5626 Texoma Parkway in Sherman. Daily traffic on Texoma Parkway exceeds 13,000 vehicles. Public water and sewer serve the property.
Key Highlights
- 7,616 square feet of warehouse space
- Three 12‑foot roll‑up doors
- 1.08‑acre property on Texoma Parkway in Sherman
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$48,176
Cap Rate
6.89%
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 6.89%
Second Best
—
—
no second resolved use
Theoretical Best
Hotel Hospitality
$3.91M
$3.42M – $4.56M
NOI $273,491 @ 7.0% cap · market cap 39.13%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
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Current Use
Lease Details
3
Drive-in doors
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
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Vacancy Rate% for Industrial in South region
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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 - A dedicated office and two half bathrooms support on-site operations.
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 $699,000.
What are key features of this property?
This property features: 7,616 square feet of warehouse space; Three 12‑foot roll‑up doors; 1.08‑acre property on Texoma Parkway in Sherman
