Tbd E Canyon Grove Rd, Sherman, TX 75092

$2,250,000

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List Price
$2,250,000
MLS#
21046661
Status
PENDING
Type
Land
Subtype
Land
Acres
18.56
County
Grayson
City
Sherman
Subdivision
John Jennings

Property Description

We are pleased to offer for sale an exceptional ±18.56-acre development opportunity strategically located along North Travis Street and E Canyon Grove Rd in Sherman, Texas. This two-parcel assemblage (17.662 acres and 0.895 acres) sits in the heart of the Hwy 75 & 82 corridor, the most active retail and growth hub in the region. The property is directly adjacent to Walmart and lies within a federally designated Opportunity Zone, providing potential tax advantages for investors. Just across the street, Sherman Town Center offers a powerful retail draw with major anchors including Target, Hobby Lobby, Home Depot, and Sam’s Club. The site is also in close proximity to the planned Heritage Ranch master-planned community, a 439-acre project slated for commercial, entertainment, residential, park, and open space uses. With excellent visibility, utility access, and flexible zoning potential, the site is ideally positioned for mixed-use office condos, professional services, or retail development. Sherman is experiencing unprecedented commercial and residential expansion, fueled by new employment growth and infrastructure investment — making this property a rare chance to secure a foothold in one of North Texas’ fastest-growing markets.

Additional Information

Unexempt Taxes
$15,891
Lot Size
808,473
Acres
18.56
Lot Description
Pasture, Few Trees, City Lot
School District
Sherman Isd
Elementary School
Percy W Neblett
Middle School
Sherman
High School
Sherman
Possession
CloseOfEscrow

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Calculator source: Real Geeks

Listing courtesy of Ryan Clevenger from MainStreet Venture Partners, L. Contact: 903-276-2611