Prime Commercial Land
For Sale
$950,000
2424 Texoma Parkway, Sherman, TX 75090
1.15-acre commercial property in a high-traffic Sherman corridor.
Property SizeContact for details
Lot Size1.15 Acres
Days on Market105
Property Features for 2424 Texoma Parkway
General Information
Standard status
Active
Lot size
1.15 Acres
Property subtype
Commercial
Building Details
Year Built
1948
Listing Agency:
Keller Williams Realty DPR
(972) 732-6000
Listed By:
Daniel Harker · License #0435185
(469) 717-6391
Source:
Signaturere
Added: Apr 22
Changed: Jul 10
Last Checked: Aug 4 at 1:32PM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Keller Williams Realty DPR
Investment Insights
Based on property information with market context.
This 1.15-acre commercial property is located at 2424 Texoma Pkwy, Sherman, TX 75090. Zoned C-2 (General Commercial), the property is situated in a bustling corridor. Previously operating as a 33-unit motel, the site is now suitable for redevelopment into various retail, service, or office spaces, aligning with Sherman's C-2 zoning regulations. Potential uses include medical offices, fitness studios, or retail shops through remodeling of the existing structures. Alternatively, the site can be cleared for a custom build-to-suit project. The City of Sherman has agreed to demolish all three buildings if a buyer chooses to build from scratch. Significant capital gain tax incentives are available due to its location in an Opportunity Zone.
Key Highlights
- 1.15‑acre commercial property in a high‑traffic corridor.
- Located in an Opportunity Zone with significant capital gain tax incentives.
- Zoned C‑2 (General Commercial) allowing for diverse retail, service, or office uses.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
522
Businesses Nearby
Explore this area
Business Placement
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
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Commercial land - 1.15-acre commercial property in a high-traffic Sherman corridor.
Where is this commercial land located?
The property is located at 2424 Texoma Parkway Sherman, TX.
What is the asking price?
The asking price for this property is $950,000.
What are key features of this property?
This property features: 1.15‑acre commercial property in a high‑traffic corridor.; Located in an Opportunity Zone with significant capital gain tax incentives.; Zoned C‑2 (General Commercial) allowing for diverse retail, service, or office uses.
