Sherman, TX
Commercial Real Estate Market Trends & Data

$179 Avg asking sale price
$16 Avg asking lease rate
20,711 SF Avg unit lease size
48,341 SF Avg building size for sale
5.50% Average cap rate

Sherman's Demographic Profile

Sherman has 18,359 households and a median income of $54,236, providing context for rent absorption and tenant demand across retail and multifamily assets. A +12% five-year population trend is a key signal for evaluating long-term demand in this market.

Key Demographic Metric Value
Population 47,805
# Households 18,359
Median age 36
Median household income $54,236
Avg household size 3.0
Renter-occupied housing units 8,995
5-year population change +12%

{{marketTabHeadings[activeMarketTab]}} Market Metrics Near Sherman, TX

↻ Updated Monthly

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Nearby Retail Markets Avg Cost/SF Typical Size
Sherman $120 10,976 SF
Denison $111 19,695 SF
Van Alstyne $348 1,836 SF
Whitesboro $263 3,350 SF
Anna $359 3,010 SF

Commercial Properties For Sale in Sherman

The listings below reflect how current market pricing and building scale translate into active opportunities available today.
For Sale

6.214 Acres Rockport Rd

Sherman, TX 75092

  • 6.21 AC Lot
  • 1 Agricultural Lot
  • $477,408
For Sale

224 E Cottage St

Sherman, TX 75090

  • 10,200 SF Industrial Building
  • $945,000
For Sale

Lot 1 Ridgeview Rd

Sherman, TX 75092

  • 0.85 AC Lot
  • 1 Commercial Lot
  • $239,000
For Sale

Take 5 Car Wash - Whistle Express

Sherman, TX 75090

  • 4,092 SF Specialty
  • 5.50% Cap Rate
  • $3,586,945
For Sale

Shepherd's Place | MF & BTR Sites

Sherman, TX 75090

  • 53.40 AC Lot
  • 1 Commercial Lot
  • $15,041,268
For Sale

TBD Plainview Road

Sherman, TX 75092

  • 1 AC Lot
  • 1 Commercial Lot
  • $275,000

Average Price For Sale

↻ Updated Monthly

Average Size For Lease

↻ Updated Monthly

Number of Listings

↻ Updated Monthly

Cap Rate

↻ Updated Monthly

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Nearby Commercial Markets

Comparing nearby markets helps investors see whether Sherman pricing and building scale sit above, below, or in line with surrounding areas.

Commercial Markets Avg Cost/SF Average Size
Sherman $179 48,341 SF
Howe $132 60,453 SF
Gunter $139 7,920 SF

Regional Demographic Comparison

This comparison places Sherman alongside nearby cities to show how population size, household counts, and income levels differ across the region. Viewing these markets side by side helps investors understand whether local demand and income characteristics are concentrated in Sherman or distributed across surrounding areas.

City Population # Households Age Median Household Income Avg Household Size Renter Occupied Housing Units Five Yr Pop Growth %
Sherman 47,805 18,359 36 $54,236 3 8,995 12%
Southmayd 943 339 40 $61,800 3 52 9%
Howe 3,773 1,352 34 $67,167 3 522 11%
Gunter 2,496 797 37 $126,914 3 171 13%
Tom Bean 633 240 40 $96,874 3 63 1%

Disclaimer: The figures on this page reflect LoopNet's active commercial listings in Sherman, TX and update as inventory changes. Averages can shift between periods or vary across property types depending on the mix of listings available at a given time, so individual metrics may not reflect broader market trends. These figures are best used as directional benchmarks for early market evaluation. For comprehensive commercial real estate data and analytics, subscribe to CoStar.

FAQs About Commercial Investing in Sherman

View All Commercial Real Estate For Sale in Sherman
Is Sherman a good market for a first-time commercial real estate investor?

Sherman offers commercial properties across a wide range of sizes and price points. By reviewing the market data and benchmarks on this page, first-time investors can better understand what a typical commercial property looks like before committing capital and narrowing in on specific listings.

How can this market data help me decide whether to buy commercial property for my business in Sherman?

The pricing and size metrics on this page help business owners compare the cost of ownership against leasing in Sherman. Typical building sizes and asking prices provide a starting point for evaluating space needs, budget fit, and long term occupancy costs before engaging lenders or brokers.

What should conservative investors focus on when evaluating commercial properties in Sherman?

Conservative investors often prioritize manageable deal sizes, stable pricing ranges, and cap rate benchmarks shown for Sherman. These metrics help assess whether current market conditions support steady income potential without relying on aggressive assumptions.

How does Sherman compare to nearby commercial real estate markets?

Nearby market comparisons highlight differences in pricing, building scale, and cap rate ranges relative to Sherman. Reviewing these side by side helps experienced investors identify relative value, pricing premiums, or alternative markets that may better align with return targets.

How can this page support early-stage deal screening for Sherman acquisitions?

This page provides high-level benchmarks for pricing, deal size, and observed cap rates in Sherman, which are useful for initial market filtering. Institutional and data-driven investors often use these signals to prioritize listings that meet size, pricing, and return thresholds before deeper underwriting.

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