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Corner of Hwy 75 & Shepherd Rd
Sherman, TX 75090

Price Upon Request

Land For Sale  •  72.44 AC

Property Details

  • Property Type Land
  • Lot Size 72.44 AC
  • Zoning C-1, MF-15
0 Transit Score
0 Walk Score

Description

Located at the northeast corner of US-75 and Shepherd Road in Sherman, Texas, this ±56.3-acre tract offers prime development potential within a growing market. This property, designated as C-1 for commercial and MF-15 for multifamily residential, opens opportunities for diverse developments, including retail, office, and multifamily housing. Situated at the gateway of Sherman, this location benefits from direct exposure to a busy thoroughfare and proximity to Shepherd’s Crossing, a future 532-acre, master-planned mixed-use community expected to draw significant activity with its residential, retail, office, and dining amenities.

The area surrounding this site is rapidly expanding, spurred by the presence of large-scale employers such as Texas Instruments and GlobalWafers, both of which have substantial investments in local manufacturing plants. These nearby developments are anticipated to create thousands of jobs, boosting local economic growth and increasing demand for housing, retail, and service-oriented businesses. Water and sewer utilities are readily available on-site, facilitating immediate development opportunities. Additionally, the tract’s accessibility to major transit routes—including McKinney, Plano, and Dallas—makes it an attractive site for new commercial and residential projects catering to both local and regional markets.

Highlights

±72.44-acre of raw land at the gateway of Sherman, Texas, offering a prime investment opportunity zoned for commercial and multifamily residential.
Situated at the northeast corner of US Highway 75 and Shepherd Road, it enjoys high visibility from over 43,000 VPD & easy access to major highways.
Utility-ready, including water and sewer connections, providing a seamless entry for immediate development and reducing setup costs.
Conveniently located 18 miles from McKinney, 30 miles from Plano, and 50 miles from Dallas, with easy access to the broader Texoma region.
Land is close to Texas Instruments and GlobalWafers, companies that are expected to create thousands of jobs and boost demand in the area.
Sherman's population is expected to grow by 13% in the next five years, offering a vibrant market for retail, residential, and commercial development.

Property Flyers

Bobby Rana 469-249-3265 Vibhu Bobby Rana
Bobby Rana 469-249-3265 Vibhu Bobby Rana