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931 Heritage Parkway 1.97 Acres of Commercial Land Offered at $545,000 in Sherman, TX 75092
Investment Highlights
- Nearly 2 acres of prime commercial frontage on FM 1417
- C-N zoning allows a variety of uses, retail/restaurant, medical office, or daycare
- 1417 has already been widened to a 4-lane divided median road at this site
- FM 1417 is Sherman’s premier growth corridor, with new residential and multifamily development, along with major manufacturers to the south
- Exposure to ~15,000 vehicles per day
- Property is less than 1.5 miles to Highway 75, 2 miles to Highway 82, and 3 miles from Sherman High School
Executive Summary
-FM 1417 is Sherman’s premier growth corridor, with new residential and multifamily development, along with major manufacturers to the south, including Globitech
-C-N zoning allows a variety of uses, retail/restaurant, medical office, or daycare
-Exposure to ~15,000 vehicles per day
-1417 has already been widened to a 4-lane divided median road at this site
-Property is less than 1.5 miles to Highway 75, 2 miles to Highway 82, and 3 miles from Sherman High School
Data Room Click Here to Access
Property Facts
| Price | $545,000 | Property Subtype | Commercial |
| Sale Type | Investment | Proposed Use | |
| No. Lots | 1 | Total Lot Size | 1.97 AC |
| Property Type | Land | ||
| Zoning | C-N - Neighborhood Commercial | ||
| Price | $545,000 |
| Sale Type | Investment |
| No. Lots | 1 |
| Property Type | Land |
| Property Subtype | Commercial |
| Proposed Use | |
| Total Lot Size | 1.97 AC |
| Zoning | C-N - Neighborhood Commercial |
1 Lot Available
Lot
| Price | $545,000 | Lot Size | 1.97 AC |
| Price Per AC | $275,987.80 |
| Price | $545,000 |
| Price Per AC | $275,987.80 |
| Lot Size | 1.97 AC |
Description
This 1.975-acre tract offers prime commercial frontage along FM 1417 (Heritage Parkway). FM 1417 is Sherman's premier growth corridor, experiencing significant expansion with new residential and multifamily development, along with major manufacturers to the south including Globitech. The site benefits from exposure to approximately 15,000 vehicles per day and is positioned along a recently widened 4-lane divided roadway. Additionally, a shared access easement is in place with the adjacent property to the north, providing secondary access from Denson Drive and enhancing site accessibility. C-N zoning allows for a wide range of commercial uses including retail, restaurant, medical office, or daycare. The location is situated less than 1.5 miles from Highway 75 (58,000 VPD), approximately 2 miles from Highway 82 (31,000 VPD), and 3 miles from Sherman High School.
Property Taxes
| Parcel Number | 122434 | Improvements Assessment | $0 |
| Land Assessment | $471,958 | Total Assessment | $471,958 |
Property Taxes
Presented by
931 Heritage Parkway
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