Commercial Development Land
E Canyon Grove Road Sherman, TX 75092
E Canyon Grove Road, Sherman, TX, 75092
$2,250,000
Pending
For Sale
$2,250,000
Pending
LAND - Sherman, TX
Lot Size18.56 Acres
Days on Market137
Property Features for E Canyon Grove Road
General Information
- Property type
- Land
- Property subtype
- Other
- Standard status
- Pending
- APN
- 118649
- Lot size
- 18.56 Acres
Taxes and HOA fees
- Tax Description
- G-0647 JENNINGS JOHN A-G0647, ACRES 16.3
- Tax Annual Amount
- 15891
Utilities
- Water source
- Public
Listing Agency
MainStreet Venture Partners, L
(903) 821-9055
DENISON, TX
Listed by
Ryan Clevenger · License #0781303
(903) 821-9055
Added: Mar 3 Checked: Jul 18 at 8:06 am
MLS# 21046661
Listing URL
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Investment Insights
Based on property information with market context.
This offering presents a ±18.56-acre two-parcel assemblage (17.662 acres and 0.895 acres) positioned for redevelopment in Sherman, Texas. The site benefits from excellent visibility and described utility access, with flexible zoning potential highlighted by the seller as a key advantage for a range of commercial concepts. It is also located within a federally designated Opportunity Zone, which may provide potential tax advantages for qualifying investors.
The property sits along North Travis Street and E Canyon Grove Rd in the Hwy 75 & 82 corridor, described as the area’s most active retail and growth hub. The site is directly adjacent to Walmart. Sherman Town Center is across the street, with major anchors including Target, Hobby Lobby, Home Depot, and Sam's Club, creating a strong retail draw for future tenants and customers.
With access to a retail-saturated environment and the ability to support multiple development directions, this land is presented as an attractive fit for mixed-use office condos, professional services uses, or retail development. The surrounding momentum is further supported by the seller’s reference to the planned Heritage Ranch master-planned community, a 439-acre project that contemplates commercial, entertainment, residential, park, and open space uses.
The property sits along North Travis Street and E Canyon Grove Rd in the Hwy 75 & 82 corridor, described as the area’s most active retail and growth hub. The site is directly adjacent to Walmart. Sherman Town Center is across the street, with major anchors including Target, Hobby Lobby, Home Depot, and Sam's Club, creating a strong retail draw for future tenants and customers.
With access to a retail-saturated environment and the ability to support multiple development directions, this land is presented as an attractive fit for mixed-use office condos, professional services uses, or retail development. The surrounding momentum is further supported by the seller’s reference to the planned Heritage Ranch master-planned community, a 439-acre project that contemplates commercial, entertainment, residential, park, and open space uses.
Key Highlights
- +/-18.56‑acre two‑parcel assemblage: 17.662 acres and 0.895 acres in Sherman, TX
- Located along North Travis Street and E Canyon Grove Rd
- Public water source available
Property Analytics
Location Intelligence
Current Use by Public Records
Commercial land
Similar For Sale Nearby
FAQs
What type of property is this?
Commercial land - 18.56 acres along major corridors with adjacency to Walmart and prominent retail anchors, plus Opportunity Zone designation.
Where is this commercial land located?
The property is located at E Canyon Grove Road Sherman, TX.
What is the asking price?
The asking price for this property is $2,250,000.
What are key features of this property?
This property features: +/-18.56‑acre two‑parcel assemblage: 17.662 acres and 0.895 acres in Sherman, TX; Located along North Travis Street and E Canyon Grove Rd; Public water source available