Medical Office Building For
815 Pecan Grove Road E, Sherman, TX 75090
SINGLE_FAMILY - Sherman, TX
Type:Office
Property size:
5,250 SFLot size:
0.92 AcresPrice / SF:
$257/SF- Added:
- Jan 13, 2026
- Days on Market:
- 140
- Last Refresh:
- Jun 2 at 8:06 pm
Property Features for 815 Pecan Grove Road E
General Information
- Property type
- Residential
- Property subtype
- Office
- Standard status
- Active
- APN
- 231142
- Size
- 5,250 SF
- Lot size
- 0.92 Acres
Taxes and HOA fees
- Tax Description
- TEXOMA DERMATOLOGY CLINIC ADDITION, BLOCK 1,
- Tax Annual Amount
- 20003
Utilities
- Sewer type
- Public Sewer
- Heating system
- Central
- Cooling system
- Central Air
Building Details
- Year built
- 1985
- Floors in Building
- 1
- Number of units
- 1
- Flooring type
- Vinyl
- Building materials
- Brick
- Roof type
- Shingle
Listing agent Will McDougal License #0811267 (903) 813-1415
Listing office Bluestone Partners, LLC Sherman, TX (903) 813-1415
Listing date Jan 13, 2026
MLS# 21152465
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.
HighLights
- 5,250 SF medical office building - suitable for investment or owner‑user.
- Purpose‑built for medical use with flexible layout including exam rooms, offices, reception, and procedure rooms.
- Strategically located in a high‑visibility area with strong demographics and nearby hospitals.
- Ample on‑site parking for patients and staff.
- Modern infrastructure with high‑speed connectivity and dedicated patient access.
- Easy access to major transportation routes.
Overview
This 5,250-square-foot medical office building is an exceptional investment or owner-user opportunity. Strategically located in a high-visibility area, this 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 alike. The surrounding area offers strong demographics, nearby hospitals, and easy access to major transportation routes. The property is situated on a 0.915-acre lot in Sherman, Texas. This offering delivers immediate functionality and long-term value.
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 | $161.3k | $30.72 |
| − Vacancy | −$44.2k | −$8.42 |
| EGI | $117.1k | $22.30 |
| − OpEx | −$29.3k | −$5.58 |
| NOI | $87.8k | $16.73 |
5,250 SF · lease $30.72/SF/yr · vacancy 27.40% · expense 25.00%
Alternative Uses
Best Use
Office B
$1.25M
$1.10M – $1.46M
NOI $87,817 @ 7.0% cap · market cap 6.50%
Second Best
Healthcare Medical
$1.14M
$997.9K – $1.33M
NOI $79,834 @ 7.0% cap · market cap 5.91%
Theoretical Best
Hotel Hospitality
$2.69M
$2.36M – $3.14M
NOI $188,528 @ 7.0% cap · market cap 13.97%
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
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
- -96.605391
- Latitude
- 33.675336
Nearby Similar for Sale
FAQs
What type of property is this?
Medical Office Space - 5,250 SF medical office building in high-visibility Sherman 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 SF medical office building - suitable for investment or owner‑user.; Purpose‑built for medical use with flexible layout including exam rooms, offices, reception, and procedure rooms.; Strategically located in a high‑visibility area with strong demographics and nearby hospitals.
