Current Use by Public Records
- Office Spaces
Property Details for 1945 Cornerstone Dr
- Lot size
- 2.29 lot acres
- Property type
- Office Spaces
- Property subtype
- Land
Description
This exceptional 2.29-acre commercial land parcel presents a unique development opportunity in Sherman, Texas. Situated on Cornerstone Drive, just west of US-75, this property boasts convenient access to major transportation arteries, including US-75 and US-82. The site's strategic location offers excellent visibility and proximity to a range of established businesses and significant future growth drivers. A new hotel is planned for the adjacent lot to the north, further enhancing the area's appeal. This location is ideal for office condo development, capitalizing on the robust economic activity in the region. The property benefits from its close proximity to Texas Instruments, with a substantial new fabrication plant under construction, projected to create thousands of jobs. Other major employers nearby include Tyson Foods, GlobiTech, Finisar, Emerson, Royal Case, Kaiser Aluminum, and Sunny Delight, ensuring a strong and diverse workforce pool. High traffic counts on US-75 (Sam Rayburn Fwy) at 68,703 vehicles per day and E Lamberth Rd at 7,971 vehicles per day (TXDOT, 2021 data) underscore the site's exceptional visibility and accessibility. The property is zoned for commercial use, providing flexibility for a variety of development options. This is a rare opportunity to acquire a strategically located commercial land parcel in a rapidly growing area with significant potential for future appreciation. Contact for pricing and additional information.
Value Estimations
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AI approach
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Sherman
- County
- Grayson
- State
- Texas
- Longitude
- -96.6142
- Latitude
- 33.6641
