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Executive Summary
4.7 Acres of Development Land in Sherman, TX
Sherman is experiencing rapid growth driven by major industrial investments and large-scale residential developments. Positioned at the key intersection of I-75 and Payton Street, this 4.7 acre commercial land is at the center of the city’s growth. As Sherman continues to attract new businesses and residents, this location offers a prime opportunity to capitalize on the area’s rising demand for quality retail, office and hospitality uses.
Sherman is experiencing rapid growth driven by major industrial investments and large-scale residential developments. Positioned at the key intersection of I-75 and Payton Street, this 4.7 acre commercial land is at the center of the city’s growth. As Sherman continues to attract new businesses and residents, this location offers a prime opportunity to capitalize on the area’s rising demand for quality retail, office and hospitality uses.
Property Facts
| Sale Type | Investment | Proposed Use | Commercial |
| No. Lots | 1 | Total Lot Size | 4.70 AC |
| Property Type | Land | Cross Streets | US Highway 75 |
| Property Subtype | Commercial | Opportunity Zone |
Yes
|
| Zoning | C-1 - Commercial | ||
| Sale Type | Investment |
| No. Lots | 1 |
| Property Type | Land |
| Property Subtype | Commercial |
| Proposed Use | Commercial |
| Total Lot Size | 4.70 AC |
| Cross Streets | US Highway 75 |
| Opportunity Zone |
Yes |
| Zoning | C-1 - Commercial |
1 Lot Available
Lot
| Lot Size | 4.70 AC |
| Lot Size | 4.70 AC |
Description
±4.7 Acres C-1 Commercial zoning allowing for a myraid of commercial uses All utilities to site Immediate access to US Hwy 75 Strategically located within one mile of the major retailers, including Walmart, Lowe’s, Sam’s Club, Ashley Furniture, Target, Home Depot, TJ Maxx, and JC Penney.
Moderately walkable
60/100
Exceptionally drivable
100/100
Somewhat bikeable
30/100
Property Taxes
| Parcel Number | 262177 | Improvements Assessment | $0 CAD |
| Land Assessment | $237 CAD | Total Assessment | $237 CAD |
Property Taxes
Parcel Number
262177
Land Assessment
$237 CAD
Improvements Assessment
$0 CAD
Total Assessment
$237 CAD
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320 Peyton St - 4.7 Acres of Development Land
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