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Executive Summary

High-Visibility Development Opportunity at the Gateway to Downtown Sherman.
Presenting ±0.65 Acres (±28,121 SQ. FT.) of prime, commercial land situated at the strategic intersection of W. Jones Street and the Sam Rayburn (US 75) Frontage. This fully cleared corner lot offers a rare combination of high-speed highway visibility and localized downtown accessibility, making it an ideal candidate for high-impact retail or professional uses.
With its clean configuration and flat topography, the site is optimized for efficient parking layouts and modern building footprints. It is perfectly positioned for medical clinics, fast-casual dining, or professional services looking to capture the spending power of Sherman’s rapidly growing workforce.
Investment Highlights:
Optimal Corner Accessibility: Dual frontage on W. Jones Street and the Highway 75 frontage road, providing superior flow for customers and employees.
Fully cleared vacant lot ready for immediate development with no site remediation required.
Proven Growth Market: Situated in the heart of Grayson County’s tech-driven transformation, capturing both local commuter traffic and neighborhood demand.
Flexible Site Potential: The 28,121 SQ. FT. footprint comfortably accommodates high parking-ratio requirements for medical or office use.
Downtown Connection: Provides the visibility of a highway site with the convenience of a downtown-adjacent location.

Property Facts

Price $500,000
Sale Type Investment or Owner User
No. Lots 1
Property Type Land
Property Subtype Commercial
Proposed Use Commercial
Total Lot Size 0.65 AC
Opportunity Zone Yes
Zoning C1C - Commercial

1 Lot Available

Lot

Price $500,000
Price Per AC $769,230.77
Lot Size 0.65 AC

Presenting ±0.65 Acres (±28,121 SQ. FT.)of prime, commercial land situated at the strategic intersection of W. Jones Street and the Sam Rayburn (US 75) Frontage. This fully cleared corner lot offers a rare combination of high-speed highway visibility

Fairly walkable
40/100
Exceptionally drivable
90/100
Somewhat bikeable
20/100

Property Taxes

Property Taxes

Parcel Number
163457
Land Assessment
$320,571
Improvements Assessment
$0
Total Assessment
$320,571
  • Listing ID: 39433065

  • Date on Market: 2/13/2026

  • Last Updated:

  • Address: 515 W Jones St, Sherman, TX 75090

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