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323 S Sam Rayburn Fwy 0.59 Acres of Commercial Land Offered at $500,000 in Sherman, TX 75090
Executive Summary
Premier Development Opportunity: 323 S Sam Rayburn Freeway
Strategically Positioned in the Heart of Sherman’s "Silicon Prairie"
Presenting a prime ±0.593-acre (±25,831 SF) shovel-ready commercial pad site located at the high-traffic corner of US-75 (Sam Rayburn Freeway) and W. Cherry Street. It is a vacant, "blank canvas" opportunity specifically positioned for national retail, QSR, or high-exposure commercial development.
This parcel offers unparalleled visibility with direct frontage on Sherman’s primary economic artery, capturing exposure from over 63,000 vehicles per day. As the $30 Billion Texas Instruments and $5 Billion GlobalWafers facilities enter their operational phases just minutes to the south, 323 S Sam Rayburn stands as a Tier-1 location to serve the rapidly expanding high-income tech workforce and the surge of new residential rooftop developments.
Investment Highlights:
Fully demolished and cleared; ready for immediate site plan submittal and construction.
Strategic Corner Location: Dual frontage on Sam Rayburn (US 75) and W. Cherry Street provides superior accessibility and multiple points of ingress/egress.
High-Growth Corridor: Situated in a Non-Shaded Zone X, outside the 500-year flood plain, ensuring a simplified and lower-cost development process.
Prime Retail Zoning: Flexible retail zoning allows for a diverse range of uses, from high-volume drive-thru to specialized medical clinics.
Proximity to Innovation: Located less than 6 miles from the epicenter of the North Texas semiconductor boom, capturing both local and commuter traffic.
Strategically Positioned in the Heart of Sherman’s "Silicon Prairie"
Presenting a prime ±0.593-acre (±25,831 SF) shovel-ready commercial pad site located at the high-traffic corner of US-75 (Sam Rayburn Freeway) and W. Cherry Street. It is a vacant, "blank canvas" opportunity specifically positioned for national retail, QSR, or high-exposure commercial development.
This parcel offers unparalleled visibility with direct frontage on Sherman’s primary economic artery, capturing exposure from over 63,000 vehicles per day. As the $30 Billion Texas Instruments and $5 Billion GlobalWafers facilities enter their operational phases just minutes to the south, 323 S Sam Rayburn stands as a Tier-1 location to serve the rapidly expanding high-income tech workforce and the surge of new residential rooftop developments.
Investment Highlights:
Fully demolished and cleared; ready for immediate site plan submittal and construction.
Strategic Corner Location: Dual frontage on Sam Rayburn (US 75) and W. Cherry Street provides superior accessibility and multiple points of ingress/egress.
High-Growth Corridor: Situated in a Non-Shaded Zone X, outside the 500-year flood plain, ensuring a simplified and lower-cost development process.
Prime Retail Zoning: Flexible retail zoning allows for a diverse range of uses, from high-volume drive-thru to specialized medical clinics.
Proximity to Innovation: Located less than 6 miles from the epicenter of the North Texas semiconductor boom, capturing both local and commuter traffic.
Property Facts
| Price | $500,000 | Property Subtype | Commercial |
| Sale Type | Investment | Proposed Use | Commercial |
| No. Lots | 1 | Total Lot Size | 0.59 AC |
| Property Type | Land | Opportunity Zone |
Yes
|
| Zoning | F1 - Real Commercial | ||
| Price | $500,000 |
| Sale Type | Investment |
| No. Lots | 1 |
| Property Type | Land |
| Property Subtype | Commercial |
| Proposed Use | Commercial |
| Total Lot Size | 0.59 AC |
| Opportunity Zone |
Yes |
| Zoning | F1 - Real Commercial |
1 Lot Available
Lot
| Price | $500,000 | Lot Size | 0.59 AC |
| Price Per AC | $847,457.63 |
| Price | $500,000 |
| Price Per AC | $847,457.63 |
| Lot Size | 0.59 AC |
Presenting a prime ±0.593-acre (±25,831 SF) shovel-ready commercial pad site located at the high-traffic corner of US-75 (Sam Rayburn Freeway) and W. Cherry Street.
1 1
Somewhat walkable
30/100
Exceptionally drivable
100/100
Property Taxes
| Parcel Number | 163404 | Improvements Assessment | $0 |
| Land Assessment | $259,215 | Total Assessment | $259,215 |
Property Taxes
Parcel Number
163404
Land Assessment
$259,215
Improvements Assessment
$0
Total Assessment
$259,215
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323 S Sam Rayburn Fwy
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