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$6,510,000
21029390 MLS
Prime 186-Acre Development Opportunity Near Sherman CBD This remarkable 186-acre property is the largest contiguous tract of vacant land near the Sherman Central Business District, offering unmatched proximity to retail, dining, entertainment, and major transportation routes. Located just 5 minutes from HIghway 75 and approximately 10 minutes from the heart of Sherman, the site delivers both convenience and privacy. With its sweeping oak trees, a natural creek, and a tranquill, scenic setting, the land provides an exceptional foundation for residential or multi-family development. The property's versatility also makes it ideal for mixed-use projects, combining residential, retail, and service opportunities in one strategic location. Boasting approximately 1,592 feet of Highway 82 frontage, this location offers unparalleled visibility--perfect for retailers, restaurants, and service businesses seeking maximum exposure. A recently completed environmental study, including Phase l and Phase ll reports, provides valuable due diligence already in place. Whether you are seeking a prime 1031 Tax Free Exchange investment, large-scale residential site, or a high-visibility commercial location, this property offers endless possibilities. Its rare size, strategic location, and natural beauty make it a one-of-a-kind opportuntiy in the growing Sherman market.

2800 E 82nd Hwy, Sherman

$850,000
21025302 MLS
Discover this outstanding 1-acre parcel of potential commercial land, strategically positioned with direct frontage on both US Highway 75 and Gateway Dr- Stone Creek Dr. Offering unparalleled visibility and accessibility—just off the exit ramp—this high-traffic location is ideal for a wide range of commercial developments. The property boasts a scenic pond view and is uniquely situated adjacent to the 10th green of a popular golf course, providing a picturesque setting that enhances its appeal for potential businesses. Variety of commercial uses, this site is well-suited for: Restaurants and cafes, professional office spaces, medical or wellness centers, retail establishments, and more. Key features include: All utilities available at the street, high visibility and convenient access, level, vacant land ready for immediate development. Lots already subdivided, but can be purchased as a whole. Whether you’re looking to establish a flagship location or expand your commercial portfolio, this is a rare opportunity to secure premium land in a growing area. Don’t miss out on developing in one of the region’s most desirable commercial corridors. Seller will consider Seller Financing option if needed.

Tbd Gateway Dr Unit Lots 22-26, Sherman

$40,000
21012402 MLS
Located in the heart of Sherman, Texas, this 0.738-acre property offers an exceptional investment opportunity. Nestled among lush, mature trees, this residentially zoned land sits in a high-demand area with excellent potential for future commercial development. With its strategic location just off Highway 75, the property benefits from high visibility and easy access, making it ideal for a range of commercial or mixed-use developments (subject to zoning approvals). Surrounded by numerous thriving businesses, this lot offers incredible potential for the savvy investor looking to capitalize on the rapid growth in the area. Whether you're seeking a quiet residential retreat with convenient access to major thoroughfares, or envisioning a transformation in a growing city, this property is a blank canvas.

Vernon Holland Memorial Dr, Sherman

$2,999,000
20999758 MLS
This exceptional 15.125 acre Development Site within an OPPORTUNITY ZONE, in Sherman, TX is zoned MF-30 and fully approved by the City for a 300-unit multifamily community. A rare, shovel-ready opportunity, the property consists of four contiguous parcels with all utilities available. Ideal for high-density multifamily, build-to-rent (BTR), townhomes, or duplexes, or would make a great affordable housing site. The mostly flat topography is lined with mature trees for privacy, and a narrow floodplain separates the site, making it ideal for blending multiple product types or developing a unified large-scale complex. Survey, Topo, Phase I Environmental reports, and a conceptual engineering MF and Townhome Site Plan. Located only a half mile from US-75 and US-82, this premier site offers exceptional access, visibility, and long-term growth potential. Ag Exempt.

Tbd E Peyton St Unit 15.125 acres, Sherman

$7,725,650
20983252 MLS
PRIME LOCATION! This tract is strategically located on the same road 1 mile west from the $30B Texas Instruments expansion. At the corner of Shepherd Rd. and Farmington Rd. this 90.89 acre tract is poised to capitalize on the population influx from DFW along with the many jobs created by the Texas Instruments development and chip manufacturing boom taking place in southern Sherman spearheaded by Global Wafers. HEB recently announced acquisition of a 20 acre site very close by. Many new developments coming nearby including Centurion American's Cottonwood development on FM 902, Shepherd's Place master planned community at Shepherd Road and Hwy. 75. With an available 20 inch groundwater line running along Farmington and a 36 inch sewer line located approximately 1 mile east at Texas Instruments. this site has much potential. In preparing for this growth, a portion of Shepherd Rd. has been recently updated to a 4 lane road and median. Many new developments are shaping up the surrounding area and this tract is next. Seller will consider owner financing. Call us for any questions.

Tbd Shepherd Dr, Sherman

Listings provided by North Texas Real Estate Information Systems (NTREIS). Listing data has been deemed reliable but is not guaranteed to be accurate by the MLS.

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