2700 Texoma PkwySherman, TX 75090

  • Commercial real estate
  • 2,839 SF
For Lease
$18/SF/YR View listing

Property Details for 2700 Texoma Pkwy

Year built
1980
Lot size
0.98 AC
Property size (Sq ft)
2,839 SF
Property type
Commercial real estate
APN
S009 0504031
APU
S0090504031

Description

This exceptional 1,462 square foot retail space is situated within a larger 12,839 square foot strip center located at 2700 Texoma Parkway in Sherman, Texas, Grayson County, zip code 75090. The property boasts a single-tenant occupancy and sits on a 0.98-acre lot. The suite underwent a complete renovation in 2020, featuring brand new electrical, plumbing, and HVAC systems. Its strategic location is at a busy, signalized intersection of Texoma Parkway and Highway 82, offering high visibility and accessibility. This prime location is further enhanced by its proximity to a planned 31-acre multi-family development, which will include additional restaurant and business pad sites, promising increased foot traffic and customer base. Sherman's thriving economy, fueled by over $35 billion in private tech investment, including expansions at Texas Instruments and GlobiTech, presents a compelling opportunity for business growth. The single-story building offers immediate occupancy for a discerning tenant seeking a well-maintained, modern space in a rapidly developing area. The property is easily accessible from major roadways and offers ample parking.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • Alternative Use

    Use
    Valuation
    Residential
    $816,380
    Hospitality
    $747,800
    Educational
    $622,161
    Medical
    $643,558
    Retail
    $967,805

Location Insight

City
Sherman
County
Grayson
State
Texas
Latitude
33.6683
Longitude
-96.5953
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
2023
$26,811
$171,609
$1,128,391
$1,300,000
-
$171,609
$1,128,391
$1,300,000

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