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    Sherman, TX
    Hospitality

    Sherman, TX Hospitality Properties for Sale

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    General Commercial Redevelopment Site
    Updated: Jul 4
    General Commercial Redevelopment Site

    2424 Texoma Parkway, Sherman, TX 75090

    $950,000
    1.15 AC lot
    1.15‑acre Opportunity Zone property on highly visible Texoma Parkway in Sherman, TX
    Zoned C‑2 General Commercial, allowing a broad range of commercial uses (retail, office, medical, restaurant, hospitality, service businesses, and more)
    Former 33‑unit drive‑up motel; not permitted to operate as a motel under City of Sherman regulations
    City of Sherman has agreed to demolish all three existing buildings if buyer builds from the ground up
    Suitable for new construction, including a new hotel, subject to applicable city approvals and permitting
    View details
    Residence Inn Development Opportunity
    Updated: Mar 5
    Residence Inn Development Opportunity

    811 Graham Drive, Sherman, TX 75092

    Contact for pricing
    81,618 sqft 4.88 AC lot
    Shovel‑ready project includes land, 20‑year Marriott Franchise License, Architectural Plans, and Building Permits.
    Located in Sherman, Texas, the 20th best small city to live in the U.S., experiencing rapid growth.
    Excellent location off Highway 75, surrounded by restaurants and retailers, between Denison and Sherman industrial hubs.
    Includes 4.88 acres with room for an additional 70‑85 room hotel.
    Boasts 119 guestrooms across 5 floors, totaling 81,618 SF.
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    Turn Any Listing Into an Investment Snapshot Owner equity, real caprate, demand score for every listing. Go To Analytics Center
    Based on your search, we've compiled 10 Potential Opportunities for your consideration. Besides 2 Active listings in Sherman, TX, we suggest exploring several alternatives: 4 properties in Nearby Cities, plus 4 Land Listings that present a potential for development.

    Opportunities in Nearby Cities

    Here are 4 Similar properties we found in Nearby Locations for your consideration.

    Recreational Resort and RV Park
    Recreational Resort and RV Park

    4411-4455 County Road 127, Whitesboro, TX 76273

    $1,350,000
    4,500 sqft 5.57 AC lot

    Turnkey resort with an event venue, lodging cabins, 27 RV sites, and boat ramp access along the Red River.

    View details
    Denison Commercial Building with Living Quarters
    Denison Commercial Building with Living Quarters

    530 W Owing St, Denison, TX 75020

    $279,000
    8,800 sqft 0.14 AC lot

    Versatile commercial building with living quarters in Denison's central area.

    View details
    Gated Recreational Retreat Land
    Gated Recreational Retreat Land

    4787 CR 106, Whitesboro, TX 76273

    $790,000
    33.59 AC lot

    Private gated property with furnished cabins, bathhouse, pond, and established utilities including co-op electric, city water, and a newer septic system.

    View details
    Hampton Inn & Suites Denison
    Hampton Inn & Suites Denison

    3415 Ansley Blvd, Denison, TX 75020

    $14,000,000

    79-room hotel near Lake Texoma and Highway 75.

    View details

    Potential Development Sites for Consideration

    Can't find the perfect fit? These Land listings present an alternative path: the potential to develop a property for your specific goals.

    Important: These AI-suggestions are a starting point, not a guarantee of permitted use. All zoning, permitting, and land use information must be independently verified by you with the appropriate local authorities before making any commitments.

    C2 Zoned Commercial Development Land
    C2 Zoned Commercial Development Land

    2510 Texoma Parkway, Sherman, TX 75090

    $1,300,000
    1.30 AC lot

    C2 zoned tract on Texoma Parkway with utilities available and potential for subdivision into multiple pad sites.

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    Prime Dual-Frontage Development Land
    Prime Dual-Frontage Development Land

    Grayson Drive, Denison, TX 75020

    $1,599,999
    25.00 AC lot

    Dual-frontage land in Denison city limits with city water and sewer access, positioned along a major east-west corridor.

    View details
    Prime Land on Highway Corner
    Prime Land on Highway Corner

    000 Hwy82/289 Tx-289, Sherman, TX 75092

    $5,130,000
    23.56 AC lot

    Unimproved land with highway frontage in Sherman, Texas.

    View details
    15.45 Acres on TX-11
    15.45 Acres on TX-11

    Hwy 11, Sherman, TX 75090

    $465,000
    15.45 AC lot

    Unimproved land with highway frontage near Sherman, Texas.

    View details

    Sherman, TX Hospitality Properties Market Trends and Statistics

    Explore 2 hospitality properties for sale in Sherman, TX on our real estate platform. These investment opportunities span a total of 81,618 square feet of properties for sale, with an estimated market value of $950,000.

    Sale prices for hospitality properties in Sherman, TX start at $0.00, averaging $475,000, and reaching up to $950,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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    Top Commercial Asset Segments

    Commercial property segments ranked by active listings on the market

    Hotels 2
    Motels 1

    Demographics Overview

    Population 54K
    Population Growth (5Y) +9.1%
    Median Household Income $62,961
    College Educated 20.2%

    High-Yield Neighborhoods for Investment

    Identify Sherman submarkets with the highest inventory density on the market and evaluate the average listing prices of real estate assets

    Neighborhood Average Price
    75090 $950K

    Taxes & Financing

    Tax Rate (average for all types) 2.10%
    Property Tax per SF $49.33 per SF
    Tax Rate vs County Average 0.11 pp above county avg
    Average Loan-to-Value 65.0%

    Listings Trend

    New vs delisted commercial listings in Grayson County

    New Delisted

    Total CRE Inventory on Market (SF)

    Property Size Breakdown

    The majority of commercial real estate listings in Sherman fall within the 50,000 to 100,000 square foot range.

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    Most Searched ZIP Codes in Sherman, TX

    • 75090
    • 75092

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