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Property profile & analytics
OFF-MARKET
Retail properties & Spaces

1712 Heritage Pkwy Sherman, TX 75092

0.5 ac lot
Property ID
Property summary
AI-generated overview

Exceptional retail pad sites are available for sale or lease in Sherman, Texas, at the southwest corner of Heritage Parkway (FM 1417) and Taylor Street. This vibrant retail area boasts high visibility and accessibility due to its location within the newly expanded Heritage Parkway corridor. The sites benefit from being surrounded by a strong mix of established national retailers, including O'Reilly's Auto Parts (located on the hard corner), Walmart Neighborhood Market, Domino's Pizza, Dollar General, Casey's, and Pizza Inn, ensuring a significant customer base. The available land parcels range from 0.5 to 2 acres, providing flexibility for various development projects. This rapidly growing community offers an ideal opportunity for retail or commercial development seeking high traffic counts and strong brand synergy. The property's location at the intersection of Heritage Parkway and Taylor Street in Grayson County, Texas (zip code 75092) provides excellent access and exposure to a large customer base. The address is 1712 N Heritage Pkwy, Sherman, TX. This is a unique opportunity to establish a presence in a thriving retail environment with significant potential for growth and return on investment. The property is zoned for commercial use.

Property profile
Verified
Property type Retail properties & Spaces
Lot 0.5 ac (21,780 SF)
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
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CAP Approach CAP
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Comparable Approach Comparable
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Blend (final) Blend
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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