000 Texoma Pkwy, Sherman, TX 75090

$199,000

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List Price
$199,000
MLS#
21397915
Status
ACTIVE
Type
Land
Subtype
Land
Acres
1.54
County
Grayson
City
Sherman
Subdivision
G-0969

Property Description

PRIME COMMERCIAL LAND! 1.5 ACRES WITH FRONTAGE ON TEXOMA PARKWAY! Sherman, Texas, is experiencing rapid growth driven by major industrial projects such as Texas Instruments ($30B investment, 3,000 jobs) and GlobalWafers ($5B investment, 1,500 jobs). The surge in development is creating strong demand for retail, entertainment, health care services, and housing. The City of Sherman is focusing on balancing rapid growth with infrastructure to ensure development is supported by adequate services. Strategic Location – 40 miles north of DFW Metroplex, with direct access to U.S. Highway 75, I-35, and major rail networks. Business-Friendly Climate – No corporate or personal income tax, local tax abatements, and customized incentive packages encourage business. The area offers a skilled labor force supported by Grayson College’s health care and nursing programs and Austin College’s STEM and business programs. Lower Cost of Doing Business – Affordable land, utilities, and workforce compared to Dallas-Fort Worth and other major metros. This land parcel presents an excellent investment opportunity to purchase now and grow equity as the area continues to expand. With frontage on Texoma Parkway (State Highway 91), the land can be developed for a variety of commercial uses, including retail, restaurants, office space, automotive businesses, and service businesses, to name a few. Relocate or start a new business at this location to attract customers with this HIGH traffic count location. Approximately 9,600 residential households live in the 75090 zip code, providing a substantial potential customer base. There are several successful, long-term service businesses and restaurants on Texoma Parkway in this area. The Dallas North Tollway will be extended to Grayson County in the next few years. Don't miss this opportunity to purchase investment land or locate your business in this high-growth location!

Additional Information

Unexempt Taxes
$1,384
Lot Size
67,082
Acres
1.54
Lot Description
Cleared, Irregular Lot, Landscaped, Level, City Lot
School District
Sherman Isd
Elementary School
Dillingham
Middle School
Piner
High School
Sherman
Possession
CloseOfEscrow
Proposed Use
Commercial, Development, Investment, Mixed Use, Retail
Community Features
Curbs

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Term of Loan
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Calculator source: Real Geeks

Listing courtesy of Victoria Woodard from HBL, Realtors. Contact: 903-786-6063

Listing provided by North Texas Real Estate Information Systems (NTREIS). Listing data has been deemed reliable but is not guaranteed to be accurate by the MLS.

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