Located at the northeast corner of US Highway 75 and Shepherd Road, this ±72.44-acre tract presents an exceptional investment opportunity in the rapidly expanding city of Sherman, Texas. Zoned for commercial (C-1) and multifamily residential (MF-15) use, this property offers a versatile development potential, catering to retail, office, and residential projects. The land is raw and ready for immediate development, with utilities, including already available on-site water and sewer. With high visibility to over 43,000 vehicles daily and seamless access to US 75, this site is a key entry point into Sherman, poised for growth and diverse uses.

The property’s location is further enhanced by nearby infrastructure and major employers. The land is adjacent to the 532-acre Shepherd’s Crossing, a mixed-use community under development, and across from Texas Instruments’ new fabrication plant, which is set to bring substantial job opportunities to the area. GlobalWafers also recently announced a $5 billion investment into a new wafer manufacturing facility, projected to create 1,500 jobs. Additional prominent employers include Tyson Foods, Finsar, Emerson, Royal Case, Kaiser Aluminum, and Sunny Delight, which contribute to a vibrant local economy. Sherman’s established tech-and-manufacturing hub is supported by reliable connectivity with recent fiber expansions by three telecommunications providers, providing businesses and residents with strong infrastructure.

Sherman’s growing economy and quality of life are unmatched in the region, contributing to its recognition by Business Insider as the fourth most desirable town in Texas. A growing population within a 10-mile radius of over 71,000 is expected to grow by over 13% in the next five years. Sherman is strategically positioned within the Texoma region, encompassing northern Texas, southern Oklahoma, and the Dallas-Fort Worth Metroplex, with quick distribution channels via US Highways 75 and 82. Located just 18 miles from McKinney, 30 miles from Plano, and 50 miles from Downtown Dallas, this property grants investors access to growing local and regional markets while offering lower costs and high quality of life. The ±72.44-acre tract at US Highway 75 and Shepherd Road is an opportunity to invest in Sherman’s thriving market.