4020 Texoma Parkway, Sherman, TX 75090
sale
$300,000
|
Office
Courtesy Of Homes By Lainie Real Estate Group, Listed By Victoria Woodard
Prime Commercial Property! Frontage on Texoma Parkway! Sherman, Texas, is experiencing rapid growth driven by major industrial projects such as Texas Instruments ($30B investment, 3,000 jobs) and Global Wafers ($5B investment, 1,500 jobs). The surge in development is creating strong demand for retail, entertainment, health care services, and housing. The City of Sherman is focusing on balancing rapid growth with infrastructure to ensure development is supported by adequate services. Strategic Location - 40 miles north of DFW Metroplex, with direct access to U.S. Highway 75, I-35, and major rail networks. Business-Friendly Climate - No corporate or personal income tax, local tax abatements, and customized incentive packages encourage business. The area offers a skilled labor force supported by Grayson College's health care and nursing programs and Austin College's STEM and business programs. Lower Cost of Doing Business - Affordable land, utilities, and workforce compared to Dallas-Fort Worth and other major metros. This office building has been home to a successful medical practice since 1980. The property presents an excellent investment opportunity to purchase now and grow equity as the area continues to expand. With an eye-catching glass facade and sturdy stucco exterior, the building is ideal for a variety of business ventures. This is an ideal buy and hold investment opportunity with an instant rental income stream. The existing owner desires to remain in the building as a lease tenant. Don't miss this opportunity to invest in booming Sherman, TX!
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Property Features
- Age: 41-50 Years Old
- Amenities: Security System
- Building Units: 1
- Cooling System: Zoned
- Cooling System: Electric
- Cooling System: Central Air
- Exterior Type: Stucco
- Floor Covering: Tile
- Floor Covering: Carpet
- Floors: 1
- Heating System: Zoned
- Heating System: Electric (Heating)
- Heating System: Central
- Legal Description: G-0969 PATTERSON W F A-G0969, 0.543 OF AN ACRE
- MLSID: 21373125
- Roof Type: Built-Up
- Roof Type: Flat
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