5623 Texoma Pkwy Sherman, TX 75090
This exceptional multi-tenant property, located at 5623 Texoma Pkwy in Sherman, Texas, presents a unique investment opportunity. The 10,738 square foot building sits on a 0.25-acre lot and offers a blend of retail and office space, ideal for diverse business needs. Constructed in 1985, this single-story Class C building boasts ample parking, ensuring convenient access for tenants and customers. Currently, approximately 1,043 square feet are available for lease. The property features 100% HVAC, ensuring year-round climate control. Its strategic location in the Grayson submarket, within the Texas East cluster, provides excellent visibility and accessibility. The building design incorporates a front park and rear load configuration, optimizing functionality and convenience. The property is immediately available. Operating expenses are $3.20 per square foot. This versatile property is perfectly suited for a variety of businesses seeking a well-maintained space in a thriving Sherman location. The zip code is 75090.
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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
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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.