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Property profile & analytics
OFF-MARKET
Land

2916 Hwy Sherman, TX 75090

Property ID
Property summary
AI-generated overview

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.

Property profile
Verified
Property type Land
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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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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