2916 Hwy Sherman, TX 75090
This exceptional commercial land parcel presents a rare investment opportunity within the thriving Sherman Crossroads Shopping Center. Located at the southwest corner of North Highway 75 and Highway 82 in Sherman, Texas (zip code 75090), this unimproved land is zoned for retail business use. The property boasts unparalleled visibility and high traffic counts, with North Highway 75 seeing 63,406 vehicles per day and Highway 82 registering 28,404 vehicles per day. Sherman Crossroads itself features attractive building facades and landscaping, creating a vibrant and appealing retail environment. The shopping center is already home to a diverse range of businesses, including a jeweler, daiquiri bar, vape shop, liquor store, beauty salon, several restaurants, and other retail establishments, catering to the rapidly growing Sherman community. Its strategic location places it directly across Highway 82 from Walmart and a mere half-mile from Sherman Town Center, a major retail hub featuring national anchors such as Target, T.J. Maxx, Dollar Tree, Chick-fil-A, Panera Bread, Red Lobster, and Cinemark. This high-visibility location in a densely populated area with strong retail presence makes this a truly exceptional commercial investment opportunity. Don't miss this chance to secure a prime piece of land in a rapidly expanding Texas market.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.