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NEC of N. Frisco Road
Sherman, TX 75090
Sherman 74 Development Site · Land For Sale · 74.42 AC

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INVESTMENT HIGHLIGHTS

  • A +/- 74.42-AC Divisible Residential/Commercial Development Site in Sherman, TX
  • Significant Economic Growth in Sherman, TX
  • Divisible & Flexible Development Site

EXECUTIVE SUMMARY

A +/- 74.42-Acre Divisible Residential/Commercial Development Opportunity in Sherman, Texas
Located in a Qualified Census Tract (QCT) - LIHTC Opportunity

PROPERTY FACTS

Sale Type Investment
No. Lots 1
Property Type Land
Property Subtype Commercial
Proposed Use
Commercial
  • Single Family Residence
Total Lot Size 74.42 AC
Cross Streets US Highway 82
Opportunity Zone Yes
Zoning C-2, MF-30 - C-2: General Commercial MF-30: Multifamily Residential

1 LOT AVAILABLE

Lot

Lot Size 74.42 AC

DESCRIPTION

Northmarq is pleased to present the Sherman 74 Development Site which offers a premier investment opportunity at the NEC of N. Frisco Road and US Highway 82 in Sherman, Texas. Spanning +/- 74.42 acres, this divisible and flexible site accommodates tailored parcelization to support a wide range of development possibilities. Positioned just an hour north of the heart of Dallas, this site offers excellent connectivity via US Highway 75 and is served by North Texas Regional Airport and Sherman Municipal Airport. Sherman is experiencing significant economic growth that is fueled by major investments from tech giants such as Texas Instruments, Finisar, and GlobiTech. These groups are collectively creating almost 4,000 high-quality jobs and bolstering the region’s high-tech manufacturing industry. This wave of industrial expansion is fueling increased demand for housing and commercial amenities, enhancing the site’s attractiveness for development. The city provides an attractive quality of life with strong community ties, recreational amenities, and educational institutions such as Austin College and Grayson County College. With its businessfriendly environment and cultural offerings—including a symphony orchestra and community theater—the Sherman 74 Development Site is well positioned to meet the growing demand for housing and commercial space in one of North Texas’ most promising growth corridors.

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
118492
Land Assessment
$17,418 CAD
Improvements Assessment
$0 CAD
Total Assessment
$17,418 CAD
  • Listing ID: 35161937

  • Date on Market: 2025-03-17

  • Last Updated:

  • Address: NEC of N. Frisco Road, Sherman, TX 75090

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