Northmarq is pleased to present Sherman 11, a ±11.11-acre residential development opportunity in Sherman, Texas. The subject property is conveniently located at the NEQ of Calais Street and E Pecan Grove Road, offering immediate access to US Highway 75, a major corridor connecting Sherman to McKinney, Plano, and the heart of Dallas.
This subject property is ideally situated near key amenities that enhance its appeal for a Build-to-Rent (BTR) community. Sherman Town Center, the area’s key retail and dining destination, is just a 3-minute drive away, offering convenient access to major retailers such as Target, Academy Sports, Home Depot, and numerous restaurants. Additionally, Baylor Scott & White Surgical Hospital, a leading healthcare provider, is located along the same street as our subject property, ensuring high-quality medical services that are easily accessible. The property is also near two elementary schools, Percy Neblett Elementary and Dillingham Elementary, making it an attractive location for families seeking quality education options within walking distance.
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 manufacturing 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 business-friendly environment and cultural offerings, Sherman 11 is well-positioned to meet the growing demand for housing in one of North Texas’ most promising growth corridors.
