2510 Texoma Pkwy, Sherman, TX 75090

$1,300,000

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List Price
$1,300,000
Price Change
▲ $700,000 1784620885
MLS#
21196598
Status
ACTIVE
Type
Commercial
Subtype
CommercialSale
Year Built
1950
Construction Status
Preowned
Acres
1.30
County
Grayson
City
Sherman
Subdivision
G-0504 Hendric Reuban A-G0504, Acres 3.92

Property Description

Prime commercial development opportunity located on Texoma Parkway (TX-91) in the rapidly growing Sherman market. 1.30 Acres for $500,000 to 3.92 acre available for listing amount ( Will subdivide) - C2 zoned commercial tract offers excellent visibility and accessibility along one of the city’s main commercial corridors connecting Sherman to Denison and Lake Texoma. The site previously had a movie theater development planned, with utilities already available to the property, making it ideal for a variety of commercial uses including retail, QSR restaurant pads, hotel, entertainment, medical, or mixed-use development. QSR's, carwash, hotel permitted per Grayson County. The property can also be subdivided into multiple pad sites, offering flexibility for investors or developers looking to attract national tenants. Located minutes from US-75, the site benefits from strong traffic counts and proximity to major retail, residential growth, and tourism traffic heading toward Lake Texoma. With Sherman experiencing significant growth driven by major regional investments and population expansion, this property represents a rare opportunity to secure a high-visibility commercial tract in a high-growth corridor.

Additional Information

Unexempt Taxes
$11,775
Tenant Pays
Other
Lot Size
56,628
Acres
1.30
Roof
Other
Building Stories
1
Parking Garage
None
Possession
CloseOfEscrow
Proposed Use
Hotel/Motel
Inclusions
Land & Improvements

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Calculator source: Real Geeks

Listing courtesy of Jami Adams from Ignite Real Estate Group. Contact: