Tbd Texoma Pkwy, Sherman, TX 75090

$324,900

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List Price
$324,900
Price Change
▼ $25,000 1779249277
MLS#
21203708
Status
ACTIVE
Type
Land
Subtype
Land
Acres
1.73
County
Grayson
City
Sherman
Subdivision
G-0969

Property Description

PRICE IMPROVEMENT! PRIME COMMERCIAL PROPERTY! 1.73 ACRES WITH FRONTAGE ON TEXOMA PARKWAY! Sherman, Texas, is experiencing rapid growth driven by major industrial projects such as Texas Instruments ($30B investment, 3,000 jobs) and GlobalWafers ($5B investment, 1,500 jobs). The surge in development is creating strong demand for retail, entertainment, health care services, and housing. The City of Sherman is focusing on balancing rapid growth with infrastructure to ensure development is supported by adequate services. Strategic Location – 40 miles north of DFW Metroplex, with direct access to U.S. Highway 75, I-35, and major rail networks. Business-Friendly Climate – No corporate or personal income tax, local tax abatements, and customized incentive packages encourage business. The area offers a skilled labor force supported by Grayson College’s health care and nursing programs and Austin College’s STEM and business programs. Lower Cost of Doing Business – Affordable land, utilities, and workforce compared to Dallas-Fort Worth and other major metros. This land parcel presents an excellent investment opportunity to purchase now and grow equity as the area continues to expand. With substantial frontage on Texoma Parkway (State Highway 91), the land can be developed for a variety of commercial uses, including retail, restaurants, office space, automotive businesses, and service businesses, to name a few. The medical office adjacent to the property is also available for purchase. This presents an opportunity to expand the existing office space and parking area. See MLS#21200523. Don't miss this opportunity to purchase investment land or locate your business in this high-growth location!

Additional Information

Unexempt Taxes
$1,384
Lot Size
75,358
Acres
1.73
Lot Description
Cleared, Irregular Lot, Landscaped, Level, City Lot
School District
Sherman Isd
Elementary School
Dillingham
Middle School
Piner
High School
Sherman
Possession
CloseOfEscrow
Proposed Use
Commercial, Development, Investment, Mixed Use, Retail
Community Features
Curbs

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Listing courtesy of Victoria Woodard from HBL, Realtors. Contact: 903-786-6063