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    School Building with Classrooms
    Updated: Aug 12
    School Building with Classrooms

    920 Heritage Parkway, Sherman, TX 75092

    $1,500,000
    1.37 AC lot
    8,000‑square‑foot building on 1.37 acres
    Former school layout with individual classrooms
    Working kitchen and restrooms included
    Second point of entry on the north side
    Frontage on FM 1417 at 920 Heritage Parkway
    View details
    Turn a Listing Into an Investment Snapshot Cap Rate, Potential NOI, Demand score for every listing. Go To Analytics Center
    Based on your search, we've compiled 6 Potential Opportunities for your consideration. Besides 1 Active listings in Sherman, TX, we suggest exploring several alternatives: 4 properties in Nearby Cities, plus 1 Land Listings that present a potential for development.

    Opportunities in Nearby Cities

    Here are 4 Similar properties we found in Nearby Locations for your consideration.

    Church Building with Classrooms
    Church Building with Classrooms

    704 Drexel, Mckinney, TX 75069

    $2,600,000
    6,600 sqft

    Facility includes classrooms, a prayer or conference hall, and kitchen and dining areas.

    View details
    Denison School Building For Sale
    Denison School Building For Sale

    318 W Morgan Street, Denison, TX 75020

    $400,000
    4,508 sqft 0.17 AC lot

    4,508 SF school building available in Denison, Texas.

    View details
    School Building with Multi-Family Zoning
    School Building with Multi-Family Zoning

    318 W Morgan Street, Denison, TX 75020

    $400,000
    0.17 AC lot

    Existing school facility with public utilities, central HVAC, and open parking in Denison.

    View details
    Waldorf School Leasehold Building
    Waldorf School Leasehold Building

    601 New Hope Road West, Mckinney, TX 75071

    Contact for pricing
    1,136 sqft

    Single-tenant schoolhouse offered with a new 5-year triple net lease.

    View details

    Potential Development Sites for Consideration

    Can't find the perfect fit? These Land listings present an alternative path: the potential to develop a property for your specific goals.

    Important: These AI-suggestions are a starting point, not a guarantee of permitted use. All zoning, permitting, and land use information must be independently verified by you with the appropriate local authorities before making any commitments.

    Commercial Land Across From Marketplace
    Commercial Land Across From Marketplace

    5799 N Custer Road, Prosper, TX 75071

    $4,925,000
    5.66 AC lot

    Public water serves a site identified for office, childcare, school, and other commercial applications.

    View details

    Sherman, TX Schools Market Trends and Statistics

    Explore 1 schools for sale in Sherman, TX on our real estate platform.

    Sale prices for school buildings & campuses in Sherman, TX average $1,500,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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    Top Commercial Asset Segments

    Commercial property segments ranked by active listings on the market

    NNN properties 8
    Aviation real estate 1
    Churches & religious facilities 1
    Day care centers 1
    Schools 1

    Demographics Overview

    Population 54K
    Population Growth (5Y) +9.1%
    Median Household Income $62,961
    College Educated 20.2%

    Taxes & Financing

    Tax Rate (average for all types) 2.10%
    Property Tax per SF $49.33 per SF
    Tax Rate vs County Average 0.11 pp above county avg
    Average Loan-to-Value 65.0%

    Listings Trend

    New vs delisted commercial listings in Grayson County

    New Delisted

    Total CRE Inventory on Market (SF)

    Property Size Breakdown

    The majority of commercial real estate listings in Sherman fall within the 50,000 to 100,000 square foot range.

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