000 Texoma Parkway, Sherman, Texas, 75090
$199,000
1.54 Acres
#21397915
PRIME COMMERCIAL LAND! 1.5 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 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. Relocate or start a new business at this location to attract customers with this HIGH traffic count location. Approximately 9,600 residential households live in the 75090 zip code, providing a substantial potential customer base. There are several successful, long-term service businesses and restaurants on Texoma Parkway in this area. The Dallas North Tollway will be extended to Grayson County in the next few years. Don't miss this opportunity to purchase investment land or locate your business in this high-growth location!
PROPERTY FEATURES
- Vegetation : Cleared
- Utilities : All Weather Road,Cable Available,City Water,Curbs,Electricity Available,Natural Gas Available,Overhead Utilities,Phone Available,Underground Utilities
- Easements : Access,Natural Gas
- Lot Features : Acreage,Cleared,Irregular Lot,Landscaped,Level
- Road Surface Type : Asphalt,Concrete
- Road Frontage Type : Highway,State Road
- Current Use : Commercial,Unimproved
- Possible Use : Commercial,Development,Investment,Mixed Use,Retail
- Special Notes : Aerial Photo,Survey Available,Utility Easement
- Zoning Description : (300) COMMERCIAL LAND-VACANT
- Title Company Preferred: Chapin Title Company
PROPERTY DETAILS
ID: 21397915
Status: Active
Price: $199,000
Acres: 1.54 Acres
Price Per Acre: $129,221
Type: Lot and Land
Address: 000 Texoma Parkway
City, State: Sherman, Texas
County: Grayson
Zip Code: 75090
Lat/Long: 33.679263, -96.588306
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