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Shepherd Rd Sherman, TX 75092

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Prime Sherman, TX commercial development opportunity.

Description

Added:
Dec 11, 2024
Days on Market:
363
Exceptional commercial land opportunity in Sherman, Texas, ideally situated on Interstate Highway 75, a major North-South artery spanning over 1,700 miles. This highly visible 530-acre mixed-use development presents unparalleled potential for a diverse range of commercial ventures. The site is zoned for commercial use and offers a unique chance to capitalize on the significant growth fueled by Texas Instruments' expansion. This expansion will add 3,200 jobs, averaging $70,000 annually, with Phase 1 creating 1,500 jobs by 2025. This influx of high-paying jobs will significantly boost the local economy and create a robust consumer base for your business. The development's strategic location draws customers from a wide radius, extending 25 miles north to Durant, Oklahoma, and 15 miles south to Anna, Texas, as evidenced by a city study using Esri business analyst data. Furthermore, Sherman is experiencing a residential construction boom, with over 55 new projects underway, adding 11,386 single-family lots and 16,529 multi-family units. This surge in residential development further underscores the exceptional growth potential and strong demand for commercial services in the area. Suitable for a wide array of uses including grocery, fuel/convenience stores, fast food and sit-down restaurants, hotels, daycare centers, fitness facilities, medical offices, entertainment venues, automotive businesses, big box retailers, and auto dealerships. This is a rare opportunity to establish a thriving business in a rapidly expanding market. Located in Grayson County, Texas, zip code 75092, on Shepherd Rd.

Property Features for 0 Shepherd Rd

General Information

Property type
Land

HighLights

  • 530‑acre mixed‑use development encompassing commercial, single‑family, senior living, and multi‑family components.
  • Anchored by Texas Instruments (TI), a major employer expanding its facility and adding 3,200 jobs averaging $70,000 annually; Phase 1 (1,500 jobs) operational by 2025.
  • Sherman's retail trade area extends 25 miles north to Durant, OK and 15 miles south to Anna, TX.
  • Over 55 new residential projects are underway in Sherman, adding 11,386 single‑family lots and 16,529 multi‑family units.
  • High‑visibility commercial land situated on Interstate Highway 75.
Property Profile Location Intelligence

Current Use by Public Records

Commercial real estate

Map

City
Sherman
County
Grayson
State
Texas
Longitude
-96.607702312198
Latitude
33.553037176011

FAQs

What type of property is this?
Land - Prime Sherman, TX commercial development opportunity.
Where is this land located?
The property is located at Shepherd Rd Sherman, TX.
What are key features of this property?
This property features: 530-acre mixed-use development encompassing commercial, single-family, senior living, and multi-family components.; Anchored by Texas Instruments (TI), a major employer expanding its facility and adding 3,200 jobs averaging $70,000 annually; Phase 1 (1,500 jobs) operational by 2025.; Sherman's retail trade area extends 25 miles north to Durant, OK and 15 miles south to Anna, TX.
More about this property
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