We are pleased to offer for sale an exceptional ±18.56-acre development opportunity strategically located along North Travis Street and E Canyon Grove Rd in Sherman, Texas. This two-parcel assemblage (17.662 acres and 0.895 acres) sits in the heart of the Hwy 75 & 82 corridor, the most active retail and growth hub in the region. The property is directly adjacent to Walmart and lies within a federally designated Opportunity Zone, providing potential tax advantages for investors. Just across the street, Sherman Town Center offers a powerful retail draw with major anchors including Target, Hobby Lobby, Home Depot, and Sam's Club. The site is also in close proximity to the planned Heritage Ranch master-planned community, a 439-acre project slated for commercial, entertainment, residential, park, and open space uses. With excellent visibility, utility access, and flexible zoning potential, the site is ideally positioned for mixed-use office condos, professional services, or retail development. Sherman is experiencing unprecedented commercial and residential expansion, fueled by new employment growth and infrastructure investment - making this property a rare chance to secure a foothold in one of North Texas' fastest-growing markets.
| MLS # | 21046661 |
|---|---|
| Listing Type | For Sale |
| Sub-Type | Resale |
| Status | Pending |
| Days On Site | 434 |
| Listing Provided By | MainStreet Venture Partners, L | Ryan Clevenger |
| Zoning | Property is zoned Commercial and |
|---|---|
| Acreage | 18.56 |
| Lot Features | Acreage, Few Trees, Pasture |
|---|
| Utilities | City Water, Electricity Available, Sewer Available |
|---|
| Unexempt Taxes | 15891 |
|---|---|
| Tax Legal Description | G-0647 JENNINGS JOHN A-G0647, ACRES 16.3 |
| State | TX |
|---|---|
| County | Grayson |
| City | Sherman |
| Zip Code | 75092 |
| Area | Grayson |
| Community Name | John Jennings |
| School District | Sherman ISD |
| Elementary School | Percy W Neblett |
| High School | Sherman |
| State | TX |
|---|---|
| County | Grayson |
| City | Sherman |
| Zip Code | 75092 |
| Area | Grayson |
| Community Name | John Jennings |
| School District | Sherman ISD |
| Elementary School | Percy W Neblett |
| High School | Sherman |