2510-2560 Sh 114 Sherman, TX 75092
This exceptional investment opportunity presents six brand-new, Class B medical office buildings totaling approximately 46,000 square feet, situated in the affluent Southlake, Texas suburb. The property, located on SH 114 between NW Highway and Kimball Avenue, boasts high visibility with monument signage and benefits from daily traffic exceeding 124,000 vehicles. Each building offers either shell or turnkey delivery options, catering to diverse needs. Building sizes range from approximately 8,000 square feet (four buildings) to 9,000 square feet (two buildings), providing flexibility for various medical practices. The property is available for sale or lease, presenting an owner-user opportunity. Ample parking is provided at a ratio of 6 spaces per 1,000 square feet. The location is strategically advantageous, serving a rapidly growing community with strong demographics
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.