144 Raccoon Dr 24.74 Acres of Commercial Land Offered at $1,254,932 CAD in Sherman, TX 75092

Prime +/-24.74-acre site with +194’ Hwy 82 frontage, offering outstanding visibility, direct highway access, and a dedicated turn-in. Seller is open to owner financing with a strong offer, making this a rare opportunity for both investors and developers
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Grayson County is rapidly emerging as a major economic hub, with Sherman leading the way in industrial expansion. Texas Instruments and Global Wafers are investing billions into semiconductor manufacturing, driving job creation and infrastructure development. Nearby, Denison is poised for growth with a proposed $6 billion master-planned community featuring a Margaritaville resort on Lake Texoma, attracting tourism and new business opportunities. Additionally, Pottsboro, Southmayd, and Whitesboro are experiencing increased residential and commercial demand due to their proximity to these economic drivers.
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This 24.5-acre property, featuring 14 acres of cleared land and 10.5 acres of natural terrain, offers exceptional potential for a wide variety of commercial and industrial developments. Ideal uses include an RV park, outdoor storage, 18-wheeler and trailer parking, RV and boat storage, or heavy equipment and supply storage. The site is also well-suited for flex warehouse development, a self-storage facility, contractor yards, or light industrial operations such as equipment rental, small-scale manufacturing, or distribution hubs. Additional possibilities include a manufactured or modular home community, a tiny home or glamping resort, a vehicle service center, or even a sustainable project like a solar farm or eco-friendly campground. With its mix of cleared and natural land, the property could also support recreational uses like ATV trails, an event venue, or a truck driver rest stop. Depending on the location and zoning, opportunities for billboard income, cell tower leasing, or community-focused spaces such as business parks or farmers markets could further enhance the value and utility of this unique development site. Buyer to confirm all permitting, zoning, and development requirements with the City of Sherman and Grayson County.
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Zoning: Sherman ETJ - No zoning regulations
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Frontage/Access: 175'+ Frontage on Highway 82
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Grayson CAD Parcels: 119521, 119465, and 267731
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Utilities & Easements:
- Water: An existing water meter is in place, serviced by Two Way Special Utility District, providing convenient access to water.
- Power: The property has access to three-phase power, with the option for a single-phase installation through Grayson Collin Electric Cooperative (GCEC), allowing flexibility based on buyer needs.
- Septic System: A previously installed septic system is present, offering an established solution for waste management.
- Water Easement: There is a water easement towards the front of the property, ensuring access to essential water infrastructure.
- Gas Line Easement: A gas line easement runs diagonally through the property, providing access to natural gas services.
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This versatile property offers exceptional potential in a high-growth corridor, making it a prime investment in one of North Texas’ fastest-growing markets.