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Commercial Development Lot Beside Bank

N Masters Street Sherman, TX 75090

N Masters Street, Sherman, TX, 75090
$1,227,500
For Sale
$1,227,500

LAND - Sherman, TX

Lot Size2.82 Acres
Days on Market51

Property Features for N Masters Street

General Information

Property type
Land
Property subtype
Other
Standard status
Active
APN
265719
Lot size
2.82 Acres

Taxes and HOA fees

Tax Description
AMERISTATE CENTRAL PLAZA REPLT LT 1 & 2 BLK 1
Tax Annual Amount
9144

Utilities

Sewer type
Public Sewer
Water source
Public
Listing Agency Keller Williams Realty DPR
Dallas, TX
Listed by Stacey Davidson · License #183892
Added: May 29 Checked: Jul 18 at 5:06 pm
MLS# 21251800 Listing URL

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.

This spacious commercial lot, totaling 2.817 acres, offers development flexibility for a range of projects. The seller notes that architectural designs are subject to approval, helping maintain consistency across future improvements. While the property is well-suited to retail and office concepts, it is also intended for carefully planned commercial development rather than residential use.

Located in Sherman, TX at N Masters Street 75090, the lot sits directly beside AmeriState Bank. Its positioning is designed to support visibility along a rapidly expanding corridor with surrounding commercial activity. The listing emphasizes the opportunity to capitalize on growth in an area where development availability is becoming more limited.

Tenants, buyers, and developers should consider this site for office buildings, strip centers, or other mixed commercial plans consistent with the stated restrictions. Financial institutions and residential housing are not permitted, but office and strip center uses are welcome. If you’re seeking a high-exposure property with clear commercial intent and room to build, this lot provides a straightforward platform to move your concept from design to delivery.

Key Highlights

  • Commercial lot positioned directly beside AmeriState Bank
  • Public water and public sewer available
  • Zoning/usage guidance: financial institutions and residential housing are not permitted; office buildings and strip centers are welcome

Property Analytics

Property Profile Location Intelligence

Current Use by Public Records

Commercial land

FAQs

What type of property is this?
Commercial land - 2.817-acre commercial lot with high-visibility positioning next to AmeriState Bank in Sherman’s growth corridor.
Where is this commercial land located?
The property is located at N Masters Street Sherman, TX.
What is the asking price?
The asking price for this property is $1,227,500.
What are key features of this property?
This property features: Commercial lot positioned directly beside AmeriState Bank; Public water and public sewer available; Zoning/usage guidance: financial institutions and residential housing are not permitted; office buildings and strip centers are welcome
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