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144 Raccoon Dr 24.74 Acres of Commercial Land Offered at $699,000 in Sherman, TX 75092

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Investment Highlights

Approx. 194’ frontage along Highway 82 with direct access and dedicated turn-in
Located less than 4 miles from proposed Grayson County Tollway extension
Suitable for RV parks, IOS, RV & boat storage, contractor yards, trailer parking, and flex warehouse development.

Approximately 14 acres cleared with remaining acreage in natural terrain
Sherman ETJ location with no zoning currently in place

Executive Summary

Prime ±24.74-acre development opportunity with approximately 194’ of frontage along Highway 82 in the growing Sherman / Whitesboro corridor. Located within the Sherman ETJ with no zoning currently in place, the property offers flexible development potential with strong visibility, direct highway access, and a dedicated turn-in from Hwy 82. Seller financing available for qualified buyers.
The site features approximately 14 acres of cleared land with the remaining acreage in natural terrain, allowing flexibility for phased development, screening, and future expansion. Existing utilities include water service through Two Way Special Utility District, septic system, internet availability through AT&T, and access to electric service through Grayson Collin Electric Cooperative (GCEC).
The property is well suited for RV park development, RV & boat storage, industrial outdoor storage (IOS), contractor yards, trailer and equipment parking, outdoor laydown yard, and other flexible commercial outdoor uses.
Strategically located less than 4 miles from the proposed Grayson County / North Dallas Tollway extension and benefiting from continued regional growth throughout Sherman, Whitesboro, Denison, and the Lake Texoma area. Nearby economic drivers include Texas Instruments, GlobalWafers, and the proposed Margaritaville resort development near Lake Texoma.
Buyer to independently verify all zoning, utility availability, permitting, easements, access, and development requirements.

Flyer

IABS

Property Facts

Price	$699,000	Property Subtype	Commercial
Sale Type	Investment	Proposed Use	Commercial Industrial Mixed Use Distribution Hold For Development Hold For Investment Horse Stables Industrial Park Lumberyard Manufactured Homes or Mobile Home Park Office Park Open Space Parking Lot Retail Warehouse Self Storage Truck Stop Truck Terminal Warehouse
No. Lots	1	Total Lot Size	24.74 AC
Property Type	Land
Zoning	ETJ - Outside the city limits of Sherman (ETJ - Extra-Territorial Jurisdiction)

Price	$699,000
Sale Type	Investment
No. Lots	1
Property Type	Land
Property Subtype	Commercial
Proposed Use	Commercial Industrial Mixed Use Distribution Hold For Development Hold For Investment Horse Stables Industrial Park Lumberyard Manufactured Homes or Mobile Home Park Office Park Open Space Parking Lot Retail Warehouse Self Storage Truck Stop Truck Terminal Warehouse
Total Lot Size	24.74 AC
Zoning	ETJ - Outside the city limits of Sherman (ETJ - Extra-Territorial Jurisdiction)

1 Lot Available

Lot

Price	$699,000	Lot Size	24.74 AC
Price Per AC	$28,253.84

Price	$699,000
Price Per AC	$28,253.84
Lot Size	24.74 AC

+/-24.74 Acres with 194’+ Hwy 82 frontage, offering high visibility & direct access. Near the future Grayson County Tollway, ideal for storage, parking, or flex development. 14 acres cleared, utilities available, and major growth nearby with TI & GW.

Description

Prime +/-24.74-acre commercial/industrial site with 194’+ Hwy 82 frontage, offering high visibility, direct highway access, and a dedicated turn-in. Located just west of the proposed Grayson County Tollway, this property is well-positioned to benefit from the area’s growth and improved connectivity. . Grayson County has become a focal point for economic development, with Sherman seeing substantial investment from Texas Instruments and Global Wafers in semiconductor manufacturing. Nearby Denison has a proposed $6 billion master-planned Margaritaville resort on Lake Texoma, further stimulating tourism and business growth. Surrounding communities, including Pottsboro, Southmayd, and Whitesboro, are experiencing increasing demand for both commercial and residential properties. . With 14 acres cleared and 10.5 acres with natural terrain, the property offers versatile development opportunities, including outside storage, 18-wheeler and trailer parking, heavy equipment and supply storage, RV and boat storage, flex warehouse development, and more. . Location Advantage: - 4 miles or less west of proposed Grayson County Tollway - 7 miles from Highway 377 in Whitesboro - 8 miles from 289-Preston - 12 miles from Highway 75 - 19 miles from Gainesville - 20 miles from Lake Texoma - Easy access to major transportation routes, facilitating seamless logistics and operations . Key Property Details: - Zoning: Sherman ETJ – No zoning restrictions - Frontage/Access: 194’+ along Highway 82 - Grayson CAD Parcels: 119521, 119465, 267731 . Utilities: - Water: Existing Two Way Special Utility District water meter - Electric: Access to electric service through GCEC - Sewer: Septic system previously in place - AT&T internet service available Easements: - Existing water easement near the front of the property - Existing gas line easement across a portion of the site - Shared driveway access easement in place Buyer to independently verify all zoning, utility availability, permitting, easements, access, and development requirements. .

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