Freestanding Drive-Through
900 N Broughton Street, Sherman, TX 75090
For Sale
$549,000
CommercialSale, Sherman, TX
Property Size1,452 SF
Lot Size0.39 Acres
Price / SF$378.10
Days on Market125
Property Features for 900 N Broughton Street
General Information
Property type
Property subtype
Zoning description
Subdivision
Directions
Standard status
APN
Size
Lot size
Taxes and HOA fees
Tax Description
Legal Description
Utilities
Sewer type
Heating system
Cooling system
Water source
Amenities
storage-house
Building Details
Year built
Floors in Building
Flooring type
Building materials
Roof type
Listing Agency:
Opportune Realty
Listed By:
Ari Besefki · License TX #0655788
(214) 662-1941
Added: Jul 11
Changed: Nov 10
Last Checked: Nov 12 at 8:06AM
MLS# 21192586
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.
This freestanding, second-generation restaurant occupies a 1,452-square-foot building on a 0.39-acre parcel. The property has a drive-through, patio, and separate storage structure. Renovation work included replacement of the HVAC systems, plumbing, electrical panels, and exterior brick walls, along with a new metal roof.
Key Highlights
- 1,452‑square‑foot restaurant on a 0.39‑acre parcel
- Drive‑through service at a freestanding, second‑generation restaurant
- Renovation included HVAC systems, plumbing, electrical panels, and exterior brick walls
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$25,822
Cap Rate
4.70%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$516,440
$516.4K
Cap Rate 7%
$368,886
$368.9K
Cap Rate 9%
$286,911
$286.9K
Market Conditions
NOI Build-Up for 1,452 SF
Gross rent
$36.2K $24.96/SF
− Vacancy
−$1.8K −$1.25/SF
EGI
$34.4K $23.71/SF
− OpEx
−$8.6K −$5.93/SF
NOI
$25.8K $17.78/SF
Area
Grayson County, TX
Vacancy
5.00%
Lease Rate
$24.96 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$516,440
Cap Rate 7%
$368,886
Cap Rate 9%
$286,911
Alternative Uses
Best Use
Specialty Retail
$368.9K
$322.8K – $430.4K
NOI $25,822 @ 7.0% cap · market cap 4.70%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$510.8K
$446.9K – $595.9K
NOI $35,754 @ 7.0% cap · market cap 6.51%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Who owns this building?
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Open Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
899
Businesses Nearby
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
Vacancy Rate% for Retail in South region
Frequently Asked Questions
What type of property is this?
Drive through restaurant - Renovated building includes a patio and separate storage structure.
Where is this drive through restaurant located?
The property is located at 900 N Broughton Street Sherman, TX.
What is the asking price?
The asking price for this property is $549,000.
What are key features of this property?
This property features: 1,452‑square‑foot restaurant on a 0.39‑acre parcel; Drive‑through service at a freestanding, second‑generation restaurant; Renovation included HVAC systems, plumbing, electrical panels, and exterior brick walls
