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Residence Inn Development Opportunity

811 Graham Drive Sherman, TX 75092

811 Graham Drive, Sherman, TX, 75092
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For Sale
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Shovel-ready project with land, license, plans, and permits.

Property Size81,618 SF
Lot Size4.88 Acres
Days on Market138

Property Features for 811 Graham Drive

General Information

Standard status
Active
Size
81,618 SF
Lot size
4.88 Acres
Property subtype
Hotel
Listing Agency Tabani Realty
Listed by Salman (Sam) Tabani · License #TX #0546558
Source Tabanirealty
Added: Mar 5 Updated: Jul 10 at 3:48 pm Checked: Jul 20 at 3:42 am

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 Tabani Realty


Investment Insights

Based on property information with market context.

This is a development opportunity for a Residence Inn and convention center in Sherman, Texas. The project is shovel-ready and includes 4.88 acres of land, a 20-year Franchise License with Marriott, Architectural Plans, and Building Permits from the City of Sherman. The proposed development features 119 guestrooms across 5 floors, totaling 81,618 square feet. The parcel also includes room for an additional 70-85 room hotel. Guest amenities are planned to include a fitness center, hot breakfast, a bar, outdoor spaces, a swimming pool, free Wi-Fi, free parking, dry cleaning and on-site laundry, private meeting spaces, and an event center. The location is off Highway 75, surrounded by restaurants and retailers, and situated between Denison and Sherman, which are industrial and manufacturing hubs. It is 40 miles north of the Dallas-Fort Worth Metroplex and 23 miles south of Choctaw Casino & Resort in Durant, OK.

Key Highlights

  • 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.

Property Analytics

Property Profile Location Intelligence

Current Use by Public Records

Hotels

Suggested Use

Auto Repair Shop Real Estate Agency Law Firm Electrical Service Storage Facility Garden Center Kitchen & Bath Showroom Parking Lot & Garage Locksmith Catering Service

Zoning and permitted uses should be independently verified with local authorities.

FAQs

What type of property is this?
Hotel - Shovel-ready project with land, license, plans, and permits.
Where is this hotel located?
The property is located at 811 Graham Drive Sherman, TX.
What are key features of this property?
This property features: 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.
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