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Zoned B2 Commercial Development Land

FM 289 Sherman, TX 75076

FM 289, Sherman, TX, 75076
$3,677,000
For Sale
$3,677,000

LAND - Sherman, TX

Lot Size24.12 Acres
Days on Market101

Property Features for FM 289

General Information

Property type
Land
Property subtype
Other
Standard status
Active
APN
110184
Lot size
24.12 Acres

Utilities

Sewer type
Public Sewer
Water source
Public
Listing Agency Bertholf Commercial Real Estate
Denison, TX
Listed by Terrin Bertholf · License #0649544
Added: Apr 10 Checked: Jul 18 at 11:06 pm
MLS# 21234516 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 24-acre corner site is zoned B2 and has supporting development groundwork already completed, including a clean Phase I and wetland delineation, along with additional engineering. The property has all utilities on site. It also previously received city approval for a planned development that contemplated a mix of multi-family, townhome, and retail uses, offering a clear pathway for a flexible end use concept.

The site is located on the northeast corner of the primary intersection of Pottsboro at State Highway 289 and FM 120. It is approximately 1 mile from Pottsboro High School, 3 miles from North Texas Regional Airport, and about 4 miles from Tanglewood Resort, with US Highway 75 roughly 6 miles away.

For developers and investors, the combination of zoning position, planned development history, and completed early-stage environmental and engineering work can reduce upfront uncertainty. The existing infrastructure readiness and multi-use approval profile make the property well-suited to teams looking to advance a mixed-use plan with residential density and retail activity in one coordinated development.

Key Highlights

  • 24‑acre commercial site on the NE corner of SH 289 and FM 120 in Pottsboro
  • Zoned B2; previously approved for a planned development to include multi‑family, townhome and retail
  • All utilities are on site, with public water and public sewer available

Property Analytics

Location Intelligence

Current Use by Public Records

Commercial land

FAQs

What type of property is this?
Commercial land - Development-ready site with on-site utilities, completed diligence, and prior approval for multi-family, townhome, and retail components.
Where is this commercial land located?
The property is located at FM 289 Sherman, TX.
What is the asking price?
The asking price for this property is $3,677,000.
What are key features of this property?
This property features: 24‑acre commercial site on the NE corner of SH 289 and FM 120 in Pottsboro; Zoned B2; previously approved for a planned development to include multi‑family, townhome and retail; All utilities are on site, with public water and public sewer available
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