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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
    See hot listings in Sherman

    Scored against comparables nationwide. These are worth a look.

    Scored against comparables nationwide. These are worth a look.

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    Based on your search, we've compiled 8 Potential Opportunities for your consideration. Besides 1 Active listings in Sherman, TX, we suggest exploring several alternatives: 4 properties in Nearby Cities, plus 3 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.

    Quality Inn Hotel Property
    Quality Inn Hotel Property

    8205 ESTERS BLVD, Irving, TX 75063

    Contact for pricing
    52,572 sqft

    Nationally branded hotel positioned near DFW Airport.

    View details
    Hyatt Place Dallas/Las Colinas Hotel
    Hyatt Place Dallas/Las Colinas Hotel

    5455 Green Park Drive, Irving, TX 75038

    Contact for pricing
    71,820 sqft

    124-room hotel in Irving, TX, renovated in 2015.

    View details
    Prime Mixed-Use Development Opportunity
    Prime Mixed-Use Development Opportunity

    12224 N Central Expy, Dallas, TX 75243

    Contact for pricing
    241,758 sqft 5.55 AC lot

    High-density mixed-use development site with excellent thoroughfare access.

    View details
    Quality Inn & Suites Hotel
    Quality Inn & Suites Hotel

    10835 Composite Drive, Dallas, TX 75220

    Contact for pricing

    Established lodging property with access to Dallas Love Field, Downtown Dallas, corporate centers, and sports and entertainment destinations.

    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

    A sizable tract inside Denison city limits with city water and sewer access.

    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 Development Tract
    Commercial Development Tract

    3360 N I-35 Highway, Gainesville, TX 76240

    $4,451,832
    14.60 AC lot

    Large commercial tract with public water and sewer near the I-35 and Hwy 82 interchange.

    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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