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811 Graham Dr
Sherman, TX 75092

$4,900,000 USD

Land For Sale  •  4.88 AC

Property Details

  • Property Type Land
  • Lot Size 4.88 AC
  • Zoning Commercial
50 Walk Score

Description

Sherman has a population of 45,000 residents and is experiencing a boom in both population and investment. It has been designated as the 4th most desirable town to live in Texas, per Sedco. The city is located just 45 minutes from DFW Int'l Airport and Dallas Love Field. Traffic counts for US 75 of 63,406 ensure Sherman remains a growing city in the North Texas Corridor. With a work force of over 2 million plus, Sherman is poised for long term economic momentum. The parcel can be used to develop Multifamily, Retail, Corporate Head Offices, Office Building, Hotels and etc. This parcel is the last parcel approved to build hotels in the heart of Sherman Town Center. Can be rezoned under SB840 (Commercial to Multifamily, Residential or Mixed Use). Property is zoned for 7-8 story building approved as a 2 hotel sites. Residence Inn from Marriott is already approved on first lot and alternate franchise is available for second lot. Residence Inn project comes with event center and complete architectural and MEP plans with this sale.

Highlights

Can be rezoned under SB840 (Commercial to Multifamily, Residential or Mixed Use)

Property Flyers

Salman Tabani 972-810-7729 Tabani Realty
Salman Tabani 972-810-7729 Tabani Realty