Commercial Real Estate Market in Sherman, TX
Updated monthly: sale, lease, property records, location trend, and more… · Last update: October 31
184 active listings and 1,836 off-market properties in Sherman, TX. Commercial property asks $146/SF to buy and $16.00/SF/Yr to lease.
Market Trends
Sherman, TX spans 192.5 square miles in Grayson County, Texas. Figures below refresh monthly; last updated 31 October 2026.
Office
Office space in Sherman, TX has a median asking sale price of $201/SF (based on 8 listings). Vacancy runs 20.2% across the South region in 2025, up from 14.4% in 2019.
Retail
Retail space in Sherman, TX has a median asking sale price of $180/SF (based on 5 listings). Vacancy runs 5.4% across the South region in 2025, down from 7% in 2020.
Industrial
Industrial space in Sherman, TX has a median asking sale price of $85/SF (based on 5 listings). Vacancy runs 7.9% across the South region in 2025, up from 6% in 2019. Nearly 2.3x the 2022 low of 3.5%.
Multifamily
Multifamily space in Sherman, TX has a median asking sale price of $132/SF. Vacancy runs 11.3% across the South region in 2025, up from 8.5% in 2022.
Zoning & Land Use
Land Use Mix share of zoned land by category
- Residential 62.9%
- Industrial 14.9%
- Planned_development 14.1%
- Commercial 8%
Largest Zones share of zoned land by district
Sherman, TX zones 30,846 acres across 18 districts. Commercial zoning covers 8% of zoned land, residential 62.9% and industrial 14.9%. The largest single district is Single Family Residential District at 47.6%. For commercial buyers the practical constraint is that only 22.9% of land carries a commercial or industrial designation.
PD (planned development) district. § 14.02.001 Zoning districts established. The city is hereby divided into the following zoning districts. The use, height, area and other regulations as set out herein apply to each district. Additional regulations pertaining to each zoning district is located in article 14.04 (supplementary district regulations). The distr…
Market overview
Demographics & Economy
Sherman, TX has 52,188 residents in 22,719 households. Density runs 271 people per square mile. Median household income here is $63,052 and median gross rent $1,160 a month.
Tools
Nearby Markets
| Market | Median Asking Price, $/SF | Median Asking Rent, $/SF/Yr |
|---|---|---|
| Denison | $118 | $14.20 |
| Van Alstyne | $279 | $18.55 |
Commercial property in Sherman, TX asks $146/SF. The 2 bordering markets run from $118/SF in Denison to $279/SF in Van Alstyne, and the city sits below their $198/SF median.
Frequently Asked Questions
What is the median price per square foot for commercial property in Sherman?
How much does it cost to lease commercial space in Sherman?
How does Sherman compare to nearby markets on price?
What zoning applies to commercial property in Sherman?
Where does Realmo's Sherman market data come from?
Methodology & data sources
- Asking prices and medians
- There are 96 active for-sale and 88 active for-lease listings in Sherman, TX. The medians are based on 33 of the for-sale and 28 of the for-lease listings, those that state a price or rent per square foot. These are ASKING figures from live listings, not closed-transaction prices, and a figure resting on fewer than 10 listings says so where it is quoted.
- Vacancy rates
- Published per-sector market series, taken at the metro level where one exists and otherwise at the Census-region level — a chart reading "in <region> region" is a regional number, not this city's.
- Zoning and land use
- The current municipal zoning release: 30,846 zoned acres across 18 districts. Shares are of zoned land, so parcels the release leaves unclassified are excluded from the mix.
- Refresh
- The monthly aggregates close at the end of the previous month, so 31 October 2026 — not today — is the honest last update.
- Known limitations
- office vacancy is reported at South region level, retail vacancy is reported at South region level and industrial vacancy is reported at South region level.
- Coverage
- Metrics below the 10-observation threshold fall back one geographic level. The geography used is named on each figure.
Compiled by the Realmo Data team · reviewed 31 October 2026 · How Realmo checks market page data · Report a data issue
