$199,000
PRIME COMMERCIAL LAND! 1.5 ACRES WITH FRONTAGE ON TEXOMA PARKWAY! IDEALLY POSITIONED ADJACENT TO NEW RESIDENTIAL DEVELOPMENT! Sherman, Texas, is experiencing rapid growth driven by major industrial projects such as Texas Instruments ($30B investment, 3,000 jobs) and Global Wafers ($5B investment, 1,500 jobs). The surge in development is creating strong demand for retail, restaurants, entertainment, health care services, and housing. The City of Sherman is focusing on balancing rapid growth with infrastructure to ensure development is supported by adequate services. SEE THE MAP PHOTOS OF THE PLANNED RESIDENTIAL DEVELOPMENT JUST WEST OF THIS PARCEL! Strategic Location – 40 miles north of DFW Metroplex. Business-Friendly Climate – Local tax abatements and customized incentive packages may be available to encourage businesses. The area offers a skilled labor force and lower cost of doing business. Affordable land, utilities, and workforce compared to Dallas-Fort Worth and other major metros. This land parcel presents an excellent investment opportunity to purchase now and grow equity as the area continues to expand. With frontage on Texoma Parkway (State Highway 91), the land can be developed for a variety of commercial uses to provide services to the customer base as it continues to grow. Relocate or start a new business at this location to attract customers with this HIGH traffic count location. Approximately 9,600 residential households live in the 75090 zip code, providing a substantial potential customer base, which will increase with the upcoming development planned just west of the parcel. There are several successful, long-term service businesses and restaurants on Texoma Parkway in this area. The Dallas North Tollway will be extended to Grayson County in the next few years. Don't miss this opportunity to purchase investment land or locate your business in this high-growth location! Buyers should verify development plans, zoning and planning requirements.
21397915
MLS
000 Texoma Pkwy, Sherman
