Shepherd Rd Sherman, TX 75092

Property Details for 0 Shepherd Rd

Property type

Land

Description

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.

Location Insight

City

Sherman

County

Grayson

State

Texas

Longitude

-96.6077

Latitude

33.553