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    Medical Office Building For Sale Title is generated by Realmo AI

    815 Pecan Grove Road E, Sherman, TX 75090

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    For Sale
    $1,350,000

    5,250 SF medical office building in high-visibility location.

    Type:Commercial
    Property size:
    5,140 SF
    Price / SF:
    $262/SF
    Added:
    Apr 22, 2026
    Days on Market:
    54
    Last Refresh:
    Apr 22 at 5:26 pm

    Property Features for 815 Pecan Grove Road E

    General Information

    Standard status
    Active
    Size
    5,140 SF
    Property subtype
    Commercial

    Building Details

    Year Built
    1985

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    Listing Contact
    Will McDougal

    Listing agent Will McDougal

    Listing office Bluestone Partners, LLC

    Listing date Apr 22, 2026

    Source Signaturere

    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 Bluestone Partners, LLC

    HighLights

    • 5,250 sq ft medical office building in a high‑visibility location.
    • Purpose‑built for medical use with a flexible layout including multiple exam rooms, private offices, and procedure rooms.
    • Ample on‑site parking for patients and staff.
    • Strategically located near hospitals and major transportation routes.
    • Strong demographics in the surrounding area.
    • Modern infrastructure with high‑speed connectivity.

    Overview

    This 5,250-square-foot medical office building is strategically located in a high-visibility area. The well-maintained facility is purpose-built for medical use and ideally suited for a wide range of healthcare practices. The building features a flexible layout that accommodates multiple exam rooms, private offices, reception and waiting areas, procedure rooms, and ample storage. Modern infrastructure supports clinical operations, with high-speed connectivity and dedicated patient access. Ample on-site parking ensures convenience for patients and staff. The surrounding area offers strong demographics, nearby hospitals, and easy access to major transportation routes. It is an exceptional investment or owner-user opportunity.

    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 $157.9k $30.72
    − Vacancy −$43.3k −$8.42
    EGI $114.6k $22.30
    − OpEx −$28.7k −$5.58
    NOI $86.0k $16.73
    5,140 SF · lease $30.72/SF/yr · vacancy 27.40% · expense 25.00%

    Alternative Uses

    Best Use
    Office B
    $1.23M
    $1.07M – $1.43M (±1% cap)
    NOI $85,977 @ 7.0% cap · market cap 6.37%
    Second Best
    Healthcare Medical
    $1.12M
    $977.0K – $1.30M (±1% cap)
    NOI $78,161 @ 7.0% cap · market cap 5.79%
    Theoretical Best
    Hotel Hospitality
    $2.64M
    $2.31M – $3.08M (±1% cap)
    NOI $184,577 @ 7.0% cap · market cap 13.67%
    Zoning and permitted uses should be independently verified with local authorities.
    Location Intelligence

    Current Use by Public Records

    Texoma Dermatology Clinic Physician Dr. Jesse R. ... Physician Valerie Truong, MD Physician Texas Health Presbyterian ... Medical Clinic Dr. Howard Steinman Physician

    Suggested Use

    Real Estate Agency Restaurant Law Firm Spa & Massage Center Building Supply Dental Office Big Box & Wholesale Store Hair Salon Auto Repair Shop Gym & Fitness Center

    Zoning and permitted uses should be independently verified with local authorities.

    Similar Places Nearby

    • Petco Vaccination Clinic — 4184 Town Center Dr, Sherman, TX 75092

    Location Insight

    • Map
    • Local Demand
    City
    Sherman
    County
    Grayson
    State
    Texas
    Longitude
    -96.6053681
    Latitude
    33.6753509

    FAQs

    What type of property is this?
    Medical Office Space - 5,250 SF medical office building in high-visibility location.
    Where is this medical office space located?
    The property is located at 815 Pecan Grove Road E Sherman, TX.
    What is the asking price?
    The asking price for this property is $1,350,000.
    What are key features of this property?
    This property features: 5,250 sq ft medical office building in a high‑visibility location.; Purpose‑built for medical use with a flexible layout including multiple exam rooms, private offices, and procedure rooms.; Ample on‑site parking for patients and staff.
    More about this property
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