
Commercial Land for Sale in Sherman, Texas
4020 Texoma Pkwy, Sherman, TX 75090
MULTIPLE OFFERS RECEIVED. Interested buyers are encouraged to submit offers for consideration on Friday, September 4. 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 1.73 acres adjacent to the property is included, however, the office and land can be purchased separately. 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. Medical office with .38 acres and the adjacent land parcel with 1.73 acres can be purchased separately. Don't miss this opportunity to invest in booming Sherman, TX!
Location
- Street address
- 4020 Texoma Pkwy
- County
- Grayson County
- Zip code
- 75090
- Community
- W F Patterson Surv Abs #969
- Elevation
- 789 feet
Directions
From Hwy 75, exit at Hwy 82 East. Travel east on Hwy 82 to Texoma Pkwy. Travel north on Texoma Parkway approximately 1 mile. The property is located on the west side of the road.
Property details
- Acreage
- 2.11 acres
- Zoning
- (349) MEDICAL OFFICE BUILDING (300) COMMERCIAL LAND VACANT
- MLS #
- NTREIS 21373125
- Posted
Property taxes
- Recent
- $7,936
Parcels
- 154538
Legal description
G-0969 PATTERSON W F Ag0969, ACRES 1.73
Details and features
Listing
- Type
- Commercial Sale
- Subtype
- Office
Lot
- Features
- Acreage, Cleared, Interior Lot, Irregular Lot, Landscaped, Level
Exterior
- Parking
- Parking Lot
Structure
- Stories
- 1
- Water
- Public
- Sewer
- Septic Tank
- Heating
- Central, Electric, Zoned
- Cooling
- Central Air
- Materials
- Stucco
- Roof
- Built-Up, Flat
Interior
- Flooring
- Carpet, Tile
- Security
- Security
Listing history
| Date | Event | Price | Change | Source |
|---|---|---|---|---|
| Aug 31, 2026 | New listing | $500,000 | — | NTREIS |





































