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    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.
    View details
    Turn a Listing Into an Investment Snapshot Cap Rate, Potential NOI, Demand score for every listing. Go To Analytics Center
    Based on your search, we've compiled 9 Potential Opportunities for your consideration. Besides 1 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.

    Denton Redevelopment Opportunity
    Denton Redevelopment Opportunity

    2229 N Carroll Blvd, Denton, TX 76201

    $2,700,000
    53,000 sqft 4.99 AC lot

    53,000 SF facility on 5 acres in Denton, TX.

    View details
    Nursing Home Redevelopment Facility
    Nursing Home Redevelopment Facility

    2229 N Carroll Boulevard, Denton, TX 76201

    $3,500,000
    53,000 sqft 5.00 AC lot

    Former nursing home with 101 private bedrooms, large dining areas, and 20+ offices on an approximately 5-acre site.

    View details
    La Quinta Inn & Suites Hotel
    La Quinta Inn & Suites Hotel

    801 N Hwy 75, Denison, TX 75020

    Contact for pricing
    47,508 sqft 5.21 AC lot

    La Quinta Inn & Suites offers 75 smoke-free rooms across a three-story interior-corridor building.

    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.

    Commercial Land with Dual Frontage
    Commercial Land with Dual Frontage

    Grayson Drive, Denison, TX 75020

    $1,599,999
    25.00 AC lot

    Large tract with dual frontage on FM 691 and Theresa Dr, plus city water and sewer access in Denison city limits.

    View details
    Residential Land in Gated Subdivision
    Residential Land in Gated Subdivision

    1015 Waters Edge Drive, Denison, TX 75020

    $1,250,000
    10.00 AC lot

    Builder-ready lots in a new gated community, with roads and all services installed for streamlined development.

    View details
    Commercial Land for Development
    Commercial Land for Development

    3360 N I-35 Highway, Gainesville, TX 76240

    $4,451,832
    14.60 AC lot

    Large commercial tract with public water and public sewer in a high-traffic corridor near I-35 and the Hwy 82 interchange.

    View details
    Commercial Land Development Site
    Commercial Land Development Site

    2235 N I-35 Highway, Gainesville, TX 76240

    $9,692,971
    27.81 AC lot

    Commercial land for investors and developers with planned divisibility for separate tracts near major interstate access.

    View details

    Sherman, TX Hotels Market Trends and Statistics

    Explore 1 hotels 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.

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    Top Commercial Asset Segments

    Commercial property segments ranked by active listings on the market

    Hotels 1
    Motels 1

    Demographics Overview

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

    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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