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Opportunity-Zoned Commercial Land
For Sale
$10,775,000

3209 Texoma Parkway, Sherman, TX 75090

CommercialSale, Sherman, TX

Property SizeContact for details
Lot Size41.24 Acres
Days on Market84

Property Features for 3209 Texoma Parkway

General Information

Property type Commercial Sale
Property subtype Other
Zoning description Mixed Zoning
Subdivision Sherman
Lot features Acreage, Cleared, City Lot
Elementary school Percy W Neblett
Middle school Sherman
High school Sherman
Elementary school district Sherman ISD
Middle school district Sherman ISD
High school district Sherman ISD
Directions North East Corner of Texoma Parkway and 82
Standard status Active
APN 154913
Lot size 41.24 Acres

Taxes and HOA fees

Tax Description G-0504 HENDRIX REUBEN A-G0504, ACRES 41.24
Tax Annual Amount 53390
Legal Description G-0504 HENDRIX REUBEN A-G0504, ACRES 41.24

Utilities

Sewer type Public Sewer
Water source Public
Listing Agency: Duggan Realty Advisors L.L.C.
Listed By: L.J. Erickson · License #0463169
Added: Jun 8 Changed: Aug 23 Last Checked: Aug 30 at 5:06PM
MLS# 14697642

Copyright © 2026 North Texas Real Estate Information Systems, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Investment Insights

Based on property information with market context.

Commercial land opportunity at the northeast corner of Highway 82 and Texoma Parkway, on the former Sher-Den Mall site. The property is described as opportunity zoned and offers commercial pad sites plus residential land tracts for parceling into user- and investor-sized pieces.

Utilities include public water and public sewer, supporting a range of development approaches for buyers evaluating pad-ready sites.

Because the property can be divided into ideal tracts and pad sites, it may suit buyers seeking flexibility in site planning and assembly for future development.

Key Highlights

  • Northeast corner location on Highway 82 and Texoma Parkway
  • Former Sher‑Den Mall site
  • Opportunity‑zoned commercial land

Property Analytics

Current Use

Yancy Tate Spiritual Center

Suggested Use

Top Pick Real Estate Agency Law Firm Grocery & Convenience Store Pharmacy Gym & Fitness Center Garden Center

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

Yes
Highway access
Yes
Paved road access

Location Intelligence

Trade Area within ½ mile

326
Businesses Nearby

Demographics for 75090, TX

25,002
Population
9,602
Households
2.6
Avg Household Size
35
Median Age
15%
College-Educated
84%
High-School Grad
78.5 sq mi
ZIP Area
318
Density / Sq Mi
$58,586
Median Household Income
$36,230
Median Earnings
$1,111
Median Rent
$163,500
Median Home Value
Rey
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

Frequently Asked Questions

What type of property is this?
Commercial land - Opportunity-zoned commercial land at the NEC of Highway 82 and Texoma Parkway with public water and public sewer.
Where is this commercial land located?
The property is located at 3209 Texoma Parkway Sherman, TX.
What is the asking price?
The asking price for this property is $10,775,000.
What are key features of this property?
This property features: Northeast corner location on Highway 82 and Texoma Parkway; Former Sher‑Den Mall site; Opportunity‑zoned commercial land
More about this property
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