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    Property profile & analytics

    300 Highland Ave Sherman, TX 75090

    • Commercial real estate
    • 8,545 SF
    • 3.09 lot acres
    For Lease
    View listing
    $18 SF/Yr
    Value Estimation
    $445,000
    Location Intelligence
    Property ID
    US82-4157722
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Current Use by Public Records

    • SUSAN ELAINE WILLS / Family Practice Physician
    • AMIR ALI FARIDI / Oncologist
    • JENNIFER LAING / Family Practice Physician
    • HELEN SCHULZE / Family Practice Physician
    • GRANT ARNOLD CRAIG / Family Practice Physician

    Property Details for 300 Highland Ave

    Year built
    2003
    Lot size
    3.09 lot acres
    Property size
    8,545 SF
    Property type
    Commercial real estate
    APN
    S035 210211901
    APU
    S035210211901

    Description

    This exceptional medical office building in Sherman, Texas, offers 77,439 square feet of vacant space, divisible into units ranging from 1,037 to 23,404 square feet. Located on a 3.17-acre lot, the 112,129 square foot facility boasts ample parking and excellent visibility with easy access to Highway 75. Recently renovated with modern finishes, including private restrooms, this building is connected to a regional hospital, serving North Texas and Southern Oklahoma. The property enjoys a prime location, alongside national tenants such as Enhabit Health, LabCorp, and QC Kinetix. Individual suites are available, with one example being a 2,075 square foot space priced at $20.00 per square foot, full-service (excluding janitorial). Existing furniture may be available in some units. This is a unique opportunity to establish or expand your medical practice in a thriving healthcare hub. The building's multiple tenancy structure provides flexibility for various medical practices and sizes. Contact us to learn more about the available spaces and lease terms.

    Value Estimation

    by Realmo proprietary methodology Last update: July 3, 2025

    • AI approach

      CAP return
      Estimation
      Estimation
      $380,000

    • CAP approach

      CAP return
      Estimation
      6%
      $490,000
      6.5%
      $490,000
      7%
      $585,000

    • Comparable approach

      Method
      Estimation
      Relative Method
      $540,000
      Geo Method
      $475,000

    • Alternative Use

      Use
      Estimation
      Distribution
      $600,000
      Retail
      $595,000
      Mixed-Use
      $590,000
      Hospitality
      $585,000
      Educational
      $480,000
      Residential Income
      $605,000
      Energy
      $525,000
      Income-Based Land
      $455,000
      Food Service
      $560,000

    Location Insight

    • Map
    • Local Demand
    City
    Sherman
    County
    Grayson
    State
    Texas
    Longitude
    -96.6234
    Latitude
    33.6355
    CBSA code
    43300
    CBSA name
    SHERMAN-DENISON, TX METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2022
    $12,521
    $493,888
    $0.00
    $493,888
    -
    $493,888
    $0.00
    $493,888

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    300 Highland Ave
    Sherman, TX 75090
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
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