Courtesy: PARAGON, REALTORS
MULTI-INCOME INVESTMENT OPPORTUNITY Rare opportunity to acquire a diversified income-producing property on 9.414 acres just minutes from Sherman. This unique asset combines established rental income with significant flexibility and value-add potential, making it an attractive opportunity for investors, owner-operators, or buyers looking to expand their real estate portfolio. The property features 11 established RV spaces, most of which are currently leased, along with a leased 2-bedroom, 1-bath apartment, providing immediate income from multiple sources. A 2,098-square-foot, 3-bedroom, 2-bath main residence offers another potential revenue stream if leased or the opportunity for an owner-operator to live on site. A separate office space with an attached shop or storage building adds another layer of versatility and may accommodate business operations, workspace, storage, or additional leasing opportunities. One of the property's greatest opportunities lies in the open back portion of the 9.414 acres. Currently utilized for hay production and benefiting from an agricultural exemption, this area provides substantial open space and flexibility for a future owner to envision how the property could evolve. Whether held as open acreage, continued in agricultural use, or evaluated for future improvements or expansion, the additional land creates valuable long-term upside and optionality, subject to applicable approvals and restrictions. With RV income, residential rental income, office or shop space, a main residence, and additional open acreage, this property offers a combination of existing cash flow and future potential that is difficult to replicate. Conveniently located near Sherman and positioned within the continued growth of North Texas, this is an opportunity to acquire an established income-producing asset with multiple revenue streams, usable acreage, expansion potential, and room to make the property your own.
Courtesy: Bertholf Commercial Real Estate
This property was previously a school and comes ready with individual classrooms, a working kitchen, restrooms, and a second point of entry on the north side — a practical layout for any use that benefits from separated access, like a daycare, church, private school, medical clinic, or professional office suite. Its metal-frame, slab-foundation construction also makes it a strong candidate for conversion into other commercial uses like storage, workshop or warehouse. Sherman is in the middle of a historic industrial buildout — Texas Instruments' expansion, along with GlobiTech and Global Wafers, is pouring billions into the local economy, and new subdivisions and apartment communities are spreading fast to keep pace. Right in the path of that growth sits 920 Heritage Parkway: an 8,000-square-foot building on 1.37 acres of FM 1417 frontage. With strong drive-by traffic on Heritage Parkway, full city water and sewer, generous on-site parking, and a seller open to financing, this is a rare opportunity in one of Sherman's fastest-growing corridors.
Courtesy: Ignite Real Estate Group
Prime commercial development opportunity located on Texoma Parkway (TX-91) in the rapidly growing Sherman market. 1.30 Acres for $500,000 to 3.92 acre available for listing amount ( Will subdivide) - C2 zoned commercial tract offers excellent visibility and accessibility along one of the city’s main commercial corridors connecting Sherman to Denison and Lake Texoma. The site previously had a movie theater development planned, with utilities already available to the property, making it ideal for a variety of commercial uses including retail, QSR restaurant pads, hotel, entertainment, medical, or mixed-use development. QSR's, carwash, hotel permitted per Grayson County. The property can also be subdivided into multiple pad sites, offering flexibility for investors or developers looking to attract national tenants. Located minutes from US-75, the site benefits from strong traffic counts and proximity to major retail, residential growth, and tourism traffic heading toward Lake Texoma. With Sherman experiencing significant growth driven by major regional investments and population expansion, this property represents a rare opportunity to secure a high-visibility commercial tract in a high-growth corridor.
Courtesy: Ignite Real Estate Group
Prime commercial development opportunity located on Texoma Parkway (TX-91) in the rapidly growing Sherman market. 1.30 Acres for $500,000 to 3.92 acre available for listing amount ( Will subdivide) - C2 zoned commercial tract offers excellent visibility and accessibility along one of the city’s main commercial corridors connecting Sherman to Denison and Lake Texoma. The site previously had a movie theater development planned, with utilities already available to the property, making it ideal for a variety of commercial uses including retail, QSR restaurant pads, hotel, entertainment, medical, or mixed-use development. QSR's, carwash, hotel permitted per Grayson County. The property can also be subdivided into multiple pad sites, offering flexibility for investors or developers looking to attract national tenants. Located minutes from US-75, the site benefits from strong traffic counts and proximity to major retail, residential growth, and tourism traffic heading toward Lake Texoma. With Sherman experiencing significant growth driven by major regional investments and population expansion, this property represents a rare opportunity to secure a high-visibility commercial tract in a high-growth corridor.
Courtesy: The Michael Group
214-692-6400
Stable NNN Restaurant Investment – Long-Term Tenant in Place Rare opportunity to acquire a proven, income-producing restaurant property in Sherman, Texas. Family-owned Tex-Mex concept operating successfully at this location since 1998 and consistently voted Best Mexican Food in Sherman. Property includes building and ±0.67 acres and is leased on a NNN structure, providing passive income with limited landlord obligations (roof and parking lot). Long-term tenant desires to remain, offering continued operational stability. Major capital improvements completed: · New roof (2023) · Three new HVAC units totaling 20 tons (2023) · Cast iron plumbing replaced with PVC (2026) · Ongoing parking lot maintenance and resurfacing Ideal for investors seeking durable cash flow, minimal deferred maintenance, and a strong-performing tenant. Listing agent is a member of the LLC that owns the property. ***THIS IS AN ON-GOING BUSINESS AND OCCUPANTS MUST NOT BE DISTURBED. No interaction with employees is allowed. To view, make appointment with showing service
Courtesy: MKT Realty Co
Built in 1900, this remarkable historic Sherman property is a blend of timeless craftsmanship, elegant architecture, and modern versatility. Offering 4 bedrooms, 3 full baths, 2 half baths, every space reflects the character and quality that make historic properties so special. When you arrive, the stately front porch, towering columns, stained glass windows, and gated driveway create an unforgettable first impression. Inside, you'll find rich architectural details, beautiful woodwork, soaring ceilings, and craftsmanship that simply cannot be replicated today. The home features two spacious primary suites, a fully finished attic offering additional living space, and a basement providing valuable storage rarely found in North Texas. The detached carriage house with a two-car garage adds even more flexibility as a guest house, private office, workshop, studio, or additional storage. What truly sets this property apart is its unique potential. According to the City of Sherman, the property is currently zoned C-1 (Retail Business District) This creates a rare opportunity for a wide variety of commercial uses, including professional and government offices, medical and dental clinics, health and wellness businesses, barbershops, bakeries, catering services, florists, neighborhood grocery or specialty food stores, massage therapy, laboratories, restaurants, boutiques, retail shops, and many other permitted uses. Please see TransactionDesk for the GIS map, City of Sherman Use Type Chart, and the City's email confirming the current C-1 zoning designation. Buyers are responsible for independently verifying all zoning information, permitted uses, grandfathered residential status, and any intended use with the City of Sherman. Whether you're looking for an extraordinary historic home, a signature business location, or a unique investment opportunity, 511 S. Travis Street is truly one of Sherman's architectural treasures. Schedule your private showing today.
Courtesy: PARAGON, REALTORS
Exceptional commercial opportunity on highly traveled Texoma Parkway, where more than 13,000 vehicles pass daily, providing outstanding visibility and accessibility. This versatile property features 7,616 square feet of warehouse space complete with a dedicated office, two half bathrooms, and abundant storage throughout. Designed for efficiency, the warehouse includes three 12-foot roll-up doors, making it ideal for shipping, receiving, equipment storage, fleet operations, and a variety of industrial or commercial uses. The expansive lot offers ample parking for employees, customers, work vehicles, and heavy equipment, with plenty of room for future expansion or outdoor storage. Strategically located near major businesses including Oncor Electric, Ready Now Storage, TAPS, and Graham International, this property is positioned in one of Sherman's fastest-growing commercial corridors. As Sherman continues to emerge as a premier technology and manufacturing hub with industry leaders such as Texas Instruments and GlobiTech investing billions in the region, demand for support services continues to grow. Whether you're seeking space for a construction company, landscaping business, automotive service, contractor headquarters, distribution center, fabrication shop, logistics operation, equipment rental, or another growing enterprise, this property offers the flexibility, location, and exposure to help your business thrive. Opportunities with this combination of size, visibility, accessibility, and growth potential are becoming increasingly rare.
Courtesy: Wanja Powers
An impressive 9,500-square-foot insulated shop designed for versatility is located this remarkable 5.51-acre property. It was most recently operating as a cabinet manufacturing business, the facility includes an office, spacious restroom, and a full kitchen, making it ideal for a variety of commercial uses. The back portion of the shop features three insulated 12' x 12' horse stalls with a dedicated water line, offering excellent accommodations for horses. Beyond the stalls is a covered open-air breezeway, providing additional space for equipment storage, trailers, or boats. Experience country living. This exceptional property offers the perfect blend of quality craftsmanship, and scenic beauty. The residence was constructed with exceptional care, attention to detail, and lasting quality—setting it apart from many of today's new builds. Designed with thoughtful attention to detail, the home offers spacious living areas enhanced by custom cabinetry throughout, providing timeless style and abundant storage. Expansive windows frame picturesque views of the surrounding countryside, while mature trees create a peaceful, private setting. The acreage is fully perimeter fenced and cross-fenced with slick wire A picturesque pond at the back of the property adds to the charm, offering a peaceful retreat to enjoy those warm Texas afternoons. Whether you're looking for a private country estate, an equestrian property, or a live-work opportunity with endless potential, this remarkable property is one that must be experienced in person to truly appreciate everything it has to offer.
Courtesy: Benton-Luttrell Real Estate Co
903-482-8400
Newly renovated medical office building across the street from Wilson N. Jones hospital. Building has 9 exam rooms, 5 bathrooms (one with shower) reception area, check-in space kitchen and an open area (800sf) upstairs. Great location, great building with hardwood floors and newly remodeled.
Courtesy: CAPROCK Real Estate Advisors LLC
469-834-8063
Exceptional commercial investment opportunity in one of Sherman's fastest-growing corridors. Located just ¾ mile from Texoma Parkway, this property offers outstanding accessibility, strong visibility, and excellent redevelopment potential in a market experiencing rapid residential, commercial, and industrial expansion. Currently operating as a beloved family skating rink, this well-known community landmark provides the opportunity to continue its legacy as an entertainment venue or redevelop the site for a wide variety of commercial uses. The existing improvements are well-suited for conversion into an indoor sports and recreation facility, including select baseball and softball batting cages, indoor soccer, club volleyball, pickleball, gymnastics, cheer training, fitness, or a multi-sport training center. Investors may also consider entertainment, event, or family activity concepts. For developers and owner-users, the site offers outstanding potential for redevelopment as an office warehouse, industrial flex complex, contractor park, showroom with warehouse, distribution facility, or service-oriented commercial center. With Sherman's explosive growth driven by Texas Instruments, GlobalWafers, and continued industrial investment, demand for flex industrial and commercial space continues to accelerate
Courtesy: Bluestone Partners, LLC
903-813-1415
This 13,000 SF industrial building, ideally situated in Sherman, TX, the emerging Tech Hub of North Texas, offers exceptional flexibility for owner occupancy or investment through sale or lease options. Featuring 3,000 SF of office space, clear span construction, a dock high loading door, ample power distribution, and generous ceiling heights suitable for manufacturing, storage, or logistics operations, the property benefits from Sherman's strategic location along US Highway 75 with proximity to major employers like Texas Instruments, GlobiTech, Coherent, and other supporting industries. Amid robust regional growth driven by high tech manufacturing investments, a skilled workforce pipeline from local colleges, and competitive industrial market dynamics, this asset presents a prime opportunity for businesses seeking efficient access to the DFW market while capitalizing on Sherman's lower operating costs and pro business incentives.
Courtesy: Redbud Offices LLC
469-434-7300
This multi-tenant retail property is located at hot location in Sherman, Texas. The property features 18,885 square feet of building space on 3.559 acres of land, with additional buildable land available behind the existing building. The property is currently occupied by a diverse mix of tenants including massage, bookkeeping, gas station, gold and silver shop, donut shop, pizza shops, and ice cream shop. The property is commercially zoned and allows for professional offices, salon suites, recreational facilities, gym, retail shops (except smoking or vape shops), shopping, cafe, restaurants, and other businesses. The property is anchored by Casey's General Stores convenience store and gas station, providing strong traffic and visibility. With a current pro-forma NOI potential of $265,226, this property offers significant value-add opportunity through leasing the vacant spaces. The property is diagonally located near Walmart Neighborhood Market, providing excellent co-tenancy and traffic generation.
Courtesy: Tracy Realty
PRICE IMPROVEMENT! Invest in the thriving county seat of Sherman, TX. Just steps from the Square, you can snag one unit or all four in an area reminiscent of Dallas’s Deep Ellum—without the hefty price tag. For $169,000, own a unit currently leased to a popular Boba Tea shop, right alongside local favorites like Lupe’s Tamales, Electric Tattoo, and a new upscale cocktail bar. With lively festivals and a buzzing atmosphere, East Wall Street is the spot to be.
Courtesy: Tracy Realty
FOUR Rental Spaces for Sale on the coolest street in Downtown Sherman, WALL STREET. Buy one or buy all four. Prices range from $149,000 for the end unit and the other interior units are $139,000 each. Just a half block off Travis Street and in the same complex as Lupe's Famous Tamales. Be part of the tremendous growth coming to Grayson County, with over 60 billion being invested in the Sherman Tech Center. City of Sherman offers Downtown Building Improvement Grants including grease traps and help with fire suppression systems. See information attached in Supplements about the Incentive programs offered by the City of Sherman.
Courtesy: Keller Williams Realty DPR
972-732-6000
Exceptional Redevelopment Opportunity. Position your next commercial project in one of North Texas' fastest-growing markets. This 1.15-acre Opportunity Zone property offers exceptional flexibility for investors, developers, and owner-users looking to capitalize on Sherman's continued expansion. Formerly operated as a 33-unit drive-up motel, the property is no longer permitted to operate as a motel under City of Sherman regulations, creating an ideal blank canvas for redevelopment. The site is zoned C-2 General Commercial, allowing for a broad range of commercial uses including retail, office, medical, restaurant, hospitality, service businesses, and much more. Whether your vision is to renovate the existing structures into multi-tenant retail or professional office space, or completely redevelop the property, this site provides outstanding potential. The City of Sherman has agreed to demolish all three existing buildings should a buyer elect to build from the ground up, significantly reducing redevelopment costs. The site is also suitable for new construction, including a new hotel, subject to applicable city approvals and permitting. Located on highly visible Texoma Parkway, one of Sherman's primary commercial corridors, the property benefits from strong traffic counts, excellent accessibility, and proximity to major employers, retail centers, and the rapidly expanding North Texas economy. As an Opportunity Zone investment, qualified buyers may also benefit from significant capital gains tax incentives. Buyers should consult their tax advisor regarding eligibility and program requirements. Whether you're planning a retail center, office complex, hospitality development, or a custom commercial project, 2424 Texoma Pkwy offers the location, zoning, and flexibility to bring your vision to life.
Courtesy: Keller Williams Realty DPR
972-732-6000
Rare opportunity to acquire two commercial buildings situated on two separate legal parcels in one of Sherman's fastest-growing commercial corridors. Located just minutes from US-75, this approximately 4,400-square-foot property offers exceptional visibility, accessibility, and flexibility for owner-users, investors, or redevelopment opportunities. The property features two separate buildings, allowing a buyer to occupy one building while leasing the other, create multiple income streams, or reconfigure the property to meet future business needs. Additional qualities include approximately 14-foot ceiling heights, multiple overhead doors, office reception area, fenced yard space, asphalt parking, and excellent street frontage. Positioned along the Sam Rayburn Freeway corridor, the property is surrounded by significant commercial growth, including continued expansion associated with Texas Instruments, the Denison Gateway development, and other major investments throughout the Texoma region. The two separately platted parcels provide flexibility for future ownership, leasing, or redevelopment strategies that are difficult to find in today's market. This is an outstanding opportunity for investors, owner-users, or businesses seeking a highly visible commercial property in one of North Texas' most active growth markets. Buyer to independently verify zoning, permitted uses, and development requirements with the City of Sherman. ***Building and land only. ****Business operations, equipment, inventory, and personal property are not included in the sale.
Courtesy: Easy Life Realty
903-224-5171
Step into the past with this iconic Kelly Square and it's expansive views of Downtown Sherman, just across from the Grayson County Courthouse. Built in 1870, this is a canvas awaiting your vision, having been taken down to the studs and primed for a complete remodel. Original features abound, including metal tile ceilings that echo the building's storied history. Spanning three floors, with an elevator, the possibilities for this space are endless. The 1st floor is ideal for retail, offering lease opportunities that could thrive in this prime location. The 2nd floor could house a restaurant and piano bar. The 3rd floor has the potential for lofts and offices. Lots of parking behind the building. Dream big, as the city may extend its support through grants for certain upgrades, adding an extra layer of opportunity to your venture. Seize the chance to revive and reimagine this historic gem. Embrace the charm, the history, and make your mark in the heart of Sherman's downtown!
Courtesy: HBL, Realtors
903-786-6063
PRICE IMPROVEMENT! 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. The building is turn-key and offers paved parking. Need more space? An additional 1.73 acres adjacent to the property is also available for purchase. Don't miss this opportunity to strategically position your business for success in booming Sherman, TX!
Courtesy: Opportune Realty
214-662-1941
Totally renovated to the studs, new metal roof, HVACS, plumbing, electrical panels, exterior brick walls. Free standing second-generation restaurant with a drive-through. 1,452 square feet with storage-house and patio. Few blocks from Austin College!
Courtesy: Bertholf Commercial Real Estate
This 3,400 SF office building is located in Sherman’s growing medical corridor and offers excellent access to surrounding healthcare providers and major roadways. Built in 1984, the property is currently set up for a single medical practice but is separately metered for two suites. The building includes 10 exam rooms, multiple plumbed closets, several common areas, and ample storage. A four-zone HVAC system and an external mechanical room allow for convenient servicing. Most of the west suite walls are non-weight bearing for flexible reconfiguration, and the east side features a clear-span attic designed for a potential second floor. The parking lot was repaved in 2024 and provides 23 efficiently laid-out spaces, and there is additional land to the east that was originally planned for expansion. The site is well suited for an owner-occupied medical practice, specialty clinic, or multi-tenant office configuration. The property is surrounded by established healthcare providers and new medical development, making it a strong option for an owner-user or multi-tenant investment.
Courtesy: Bluestone Partners, LLC
903-813-1415
Bluestone Partners is pleased to exclusively offer for sale this premier 5,250-square-foot medical office building — an exceptional investment or owner-user opportunity. Strategically located in a high-visibility area, this well-maintained facility is purpose-built for medical use and ideally suited for a wide range of healthcare practices. The building features a flexible layout that accommodates multiple exam rooms, private offices, reception and waiting areas, procedure rooms, and ample storage. Modern infrastructure supports clinical operations, with high-speed connectivity and dedicated patient access. Ample on-site parking ensures convenience for patients and staff alike, while the surrounding area offers strong demographics, nearby hospitals, and easy access to major transportation routes. Whether you're looking to expand your medical practice or invest in a high-demand asset class, this offering delivers immediate functionality and long-term value.
Courtesy: C-21 DEAN GILBERT, REALTORS
903-893-5188
Exceptional opportunity to acquire a purpose built medical office offering turnkey functionality for an investor or owner occupant. Whether you're expanding, relocating, or launching a new practice, this property delivers the ideal combination of accessibility, visibility, and professional efficiency. Centrally located in Sherman, TX, between US Highway 75 and Texoma Parkway, the building benefits from traffic exposure and ease of access, offering convenience for both patients and staff in one of the area’s fastest growing corridors. Ideal for medical, dental, or wellness practices, the first floor features 6 exam rooms, 3 private offices, X-Ray room with leaded walls and appropriate power, dedicated nurses’ station, comfortable lobby and waiting area, separate check-in and check-out stations, while the second floor offers ample storage for supplies or files and a spacious break room area. The building is well equipped with a drive through awning, spray foam insulation, tankless hot water and efficient natural gas systems.
Courtesy: Attlee Realty, LLC
972-886-8357
Express Carwash, .05733 acre, 2,700 sqft building with 15,195 traffic count daily, All site lighting upgraded to LED in 2022. ICS Carwash System. Priced for asset only value. For Sale Individually or packaged as 2 portfolio with New Braunsfels, TX site. No financials available. Business not currently operating.
Courtesy: Easy Life Realty
903-224-5171
Historic Downtown Sherman Loft Retail Space One Block Off the Square Step into the heartbeat of Historic Downtown Sherman with this rare mixed-use live work property, located just one block off the iconic Sherman Square in the county seat of booming Grayson County. If you've ever dreamed of Loft Living with a retail storefront below, or owning a property that pulls in income producing revenue while you live above this one delivers the lifestyle and the investment upside. The upper-level loft is everything people love about authentic urban living Exposed brick walls Open concept layout Two generous bedrooms Two full baths Large private back patio perfect for entertaining or quiet evenings All-seasons room ideal for a home office, yoga space, creative studio, or the greenhouse paradise you've always wanted Downstairs, the street-level retail commercial space sits in one of Sherman’s fastest-growing pedestrian corridors—surrounded by restaurants, boutiques, coffee shops, entertainment, and the soon-to-launch developments reshaping Downtown Sherman. This is prime territory for: Boutique retail, coffee shop, gallery, salon, studio, design office, Airbnb check-in, or long-term commercial tenant opportunities. Whether you're an entrepreneur chasing a live-here, work-here lifestyle… An investor looking for Sherman commercial real estate with strong rental potential Or someone craving the charm of historic loft living in a walkable downtown district This building checks every box
Courtesy: Bertholf Commercial Real Estate
This premier office condominium development is tailored for professionals seeking ownership of Class A office space within Sherman’s prime growth corridor. Construction is scheduled to begin in Q4 2025, with delivery anticipated in Q3 2026. Choose from professionally designed floor plans of approximately 1,500 SF, 3,000 SF, or 4,500 SF, or purchase a dark shell and complete your own custom finish-out with your preferred general contractor. Ample professional office parking with a 3.6 parking ratio. Pricing for shell and finished units vary. Call for details. We are currently accepting Letters of Intent for pre-sale reservations. Location Highlights: 4 minutes to Highway 75, 6 minutes to Highway 82, 8 minutes to Downtown Sherman, 3 minutes to Sherman Crossroads (Chipotle, Chick-fil-A, Whataburger, QuikTrip, future H-E-B) and 3 minutes to Global Wafers.
Sherman is located in Texas. Sherman, Texas has a population of 43,273. Sherman is more family-centric than the surrounding county with 31.8% of the households containing married families with children. The county average for households married with children is 31.12%.
The median household income in Sherman, Texas is $53,536. The median household income for the surrounding county is $62,078 compared to the national median of $69,021. The median age of people living in Sherman is 34.5 years.
The average high temperature in July is 92.4 degrees, with an average low temperature in January of 32 degrees. The average rainfall is approximately 42.2 inches per year, with 1.2 inches of snow per year.
