Methodology
Every number on this site has a public source.
This is a survey, not an appraisal. Asking rents move. Closed sales are scarce in print. Treat the model as a conversation starter with a local broker and a surveyor.
01 · 2025
U.S. Census Bureau QuickFacts — Sherman city, Texas
Population estimate July 1, 2025: 52,417. +20.0% vs. 2020. Median household income $58,859 (2020–2024 dollars).
02 · 2025
U.S. Census Bureau QuickFacts — Grayson County, Texas
Population estimate July 1, 2025: 153,613. +13.3% vs. 2020.
03 · 2026
Texas Real Estate Research Center — Inside the Texas MOB Market
Texas medical office asking rents ~$25/SF off major hospital clusters, ~$29/SF near hospitals. Sherman listed among smaller metros with a high concentration of ambulatory establishments serving a rural hinterland.
04 · 2025–2026
JLL / industry MOB outlook
National MOB occupancy 92.7% in Q4 2025. Average triple-net rents $25.35/SF. Construction completions expected down 26% in 2026. Cap rates roughly 5.5–8.5%.
05 · Aug 2025
Community Hospital Corporation / Heritage Ranch
$400 million Heritage Regional Medical Center. 100 beds in phase one, infrastructure for +200. Groundbreaking early 2026, opening early 2028. 400 → 1,000+ employees. US-82 & FM 1417.
06 · 2022–2024
KXII / City of Sherman housing study
Texas Instruments (~3,200 jobs) and GlobalWafers. Combined industrial pipeline cited around 4,700 jobs. RCLCO projected ~3.2% household growth catalyzed by the semiconductor cluster.
07 · 2025–2026
Public listing services (LoopNet, Crexi, CityFeet, Realmo, NTREIS)
One Grand Centre $19–21/SF; Texoma Medical Plaza $22.00–22.50 NNN; 1700 Gallagher Dr $1.2M / 4,397 SF ($273/SF); 815 E Pecan Grove $875,000 / 0.62 ac; 2504 Veterans Memorial Pkwy S $435,000 or $14/SF + NNN. Sherman medical sale average ~$226/SF.
08 · 2026
Zillow / Realtor.com property records
909 E Pecan Grove Rd E recorded as a 1.56-acre (67,866 SF) vacant lot, off market.
09 · 2025
Texoma Medical Center / U.S. News
TMC named a 2025–2026 Best Hospital; tied 31st in Texas. Freestanding ER at Sherman Town Center.
10 · 2024
KXII — Wilson N. Jones rebrand
Renamed AHS Sherman Medical Center, March 2024. In-town campus at 500 N Highland Ave.
11 · 2026
Team Legacy — Pecan Point Professional Park (Canva)
16-slide working deck: three-building site plan, 50% max coverage, ±50% medical / ±50% professional, suites 301–303, office and medical finish specs, elevations. Share link provided by the desk, August 2026.
12 · 2026
Pecan Point Assisted Living & Memory Care
1011 E Pecan Grove Rd. Assisted living from $3,895/mo; memory care from $4,000/mo. On-site PT/OT and visiting healthcare. Immediate east neighbor to 909.
This briefing is a market survey compiled from public listings, census estimates, hospital announcements, and published research as of August 2026. Asking rents and sale prices are not closed-sale confirmations. Listing services change daily. Nothing here is an appraisal, offering, or investment advice. Confirm every figure with a local broker, survey, and Phase I before underwriting.