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Zoned B2 Commercial Development Land
For Sale
$3,677,000

FM 289, Sherman, TX 75076

LAND - Sherman, TX

Property SizeContact for details
Lot Size24.12 Acres
Days on Market148

Property Features for FM 289

General Information

Property type Land
Property subtype Other
Zoning description B2 Zoning - General Business District
Subdivision G-0107 BAILEY H A-G0107
Lot features Acreage, City Lot
Elementary school Pottsboro
Middle school Pottsboro
High school Pottsboro
Elementary school district Pottsboro ISD
Middle school district Pottsboro ISD
High school district Pottsboro ISD
Directions Drive north on FM 289 and turn into the road on the north side of Brookshires right after passing the FM 120 intersection and you'll be looking at the land.
Standard status Active
APN 110184
Lot size 24.12 Acres

Utilities

Sewer type Public Sewer
Water source Public
Listing Agency: Bertholf Commercial Real Estate
Listed By: Terrin Bertholf · License #9014873
Added: Apr 10 Changed: Aug 1 Last Checked: Sep 4 at 12:06AM
MLS# 21234516

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

Current Use

Commercial land

Lease Details

Yes
Highway access
Yes
Paved road access
Yes
Utilities to site

Location Intelligence

Trade Area within ½ mile

163
Businesses Nearby

Demographics for 75076, TX

8,057
Population
4,361
Households
1.8
Avg Household Size
50
Median Age
21%
College-Educated
93%
High-School Grad
50.3 sq mi
ZIP Area
160
Density / Sq Mi
$76,644
Median Household Income
$41,274
Median Earnings
$1,337
Median Rent
$241,700
Median Home Value
Rey
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

Frequently Asked Questions

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
More about this property
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