520 S Sam Rayburn Freeway Sherman, TX $ 475,000
520 S Sam Rayburn Freeway
$ 475,000
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520 S Sam Rayburn Freeway

Sherman, TX, 75090
$ 475,000
Bedrooms-- Baths--

Monthly Estimate*

$ 2,999

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Commercial Property for sale in Sherman, TX

for $475,000. This building was built in 1940 on a lot size of 0.389.

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.

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Commercial Active

Price

$ 475,000

Property Type

Commercial

Taxes

$ 4,205

Style

Industrial

Lot Size

0.389

Year Built

1940

Town/City

Sherman

County/Region

Grayson

MLS | Web ID

21231798

Features
General
Heating None
Cooling Window Unit(s)
Utilities Asphalt City Sewer City Water Concrete Electricity Connected Gravel/Rock
Ceiling Height Other
Possession Negotiable
Roof Metal
Year Built 1940
Business Type Auto Body Auto Repair-Specialty Auto Service Auto Wrecking Other
Property Subtype Industrial
Subdivision Name None
County Grayson
Property Type Commercial Sale
Construction Materials Aluminum Siding Metal Siding Steel Siding
Year Built Details Preowned
Status Active
Directions .
City Sherman
Standard Status Active
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Exterior
Waterfront 0
Lot Size Source Assessor
Parking Features Garage Off Street On Site Open Outside Parking Lot Private Workshop in Garage
Lot Size Less Than .5 Acre (not Zero)
Foundation Slab
Building Area Total 4400.00
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Interior
Flooring Concrete
Total Stories 1
Total Units 1
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Internal Only
Street Number 1 520
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* Excluded Features
List By
Seychelle Van Poole

Listing Agent

Keller Williams Realty Dpr

Broker

Affordability Calculator

$3,350
Per Month
90%
10%
0%
Monthly Principal & Interest
$2,999
Monthly Property Taxes
$350
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
288163 Elementary School
288375 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
7/2/2026$475,000 -13.48% Price Down
5/18/2026$549,000 -11.31% Price Down
4/9/2026$619,000 Listed Price

Map


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520 S Sam Rayburn Freeway, Sherman, TX, 75090 is a Commercial Property for sale at $475,000 with a lot size of 0.389. 520 S Sam Rayburn Freeway was built in 1940. The property's zip code is 75090 which is in Sherman, TX