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Finished Office Building
New
For Sale
$475,000

721 W Washington Street, Sherman, TX 75092

Freshly finished interior with ample space for a business conversion requiring a special use permit.

Property Size3,260 SF
Price / SF$145.71
Days on Market4

Property Features for 721 W Washington Street

General Information

Standard status Active
Size 3,260 SF
Property subtype Office

Additional Details

Highway Access Yes

Building Details

Year Built 1897
Buildings 1
Listing Agency: PARAGON, REALTORS
Listed By: ROBIN PHILLIPS · License #0527127
Source: Lonestarluxuryrealty
Added: Sep 2 Changed: Sep 4 Last Checked: Sep 4 at 5:29AM

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.

This 3,260-square-foot office property was built in 1897 and features a freshly finished interior with ample space for business use. The building provides a flexible starting point for an owner or occupant planning a customized office environment, subject to obtaining a special use permit from the City of Sherman.

The property is located at 721 W Washington Street in Sherman, next to Hwy 75. An attorney’s office and real estate office are on the same block, with a bank nearby. The site also offers access toward the Dallas-Fort Worth Metroplex and Choctaw, Oklahoma.

Key Highlights

  • 3,260‑square‑foot office property built in 1897
  • Freshly finished interior with ample space
  • Special use permit required from the City of Sherman

Property Analytics

Current Use

Office buildings

Suggested Use

Top Pick Parking Lot & Garage (Bike/Boat/Book/etc) Store Dental Office Locksmith Travel Agency Cosmetic 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.

Lease Details

Yes
Highway access

Location Intelligence

Trade Area within ½ mile

1,481
Businesses Nearby

Demographics for 75092, TX

27,186
Population
13,117
Households
2.1
Avg Household Size
39
Median Age
30%
College-Educated
94%
High-School Grad
113.9 sq mi
ZIP Area
239
Density / Sq Mi
$67,160
Median Household Income
$41,683
Median Earnings
$1,205
Median Rent
$260,100
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?
Office building - Freshly finished interior with ample space for a business conversion requiring a special use permit.
Where is this office building located?
The property is located at 721 W Washington Street Sherman, TX.
What is the asking price?
The asking price for this property is $475,000.
What are key features of this property?
This property features: 3,260‑square‑foot office property built in 1897; Freshly finished interior with ample space; Special use permit required from the City of Sherman
More about this property
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