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SEQ of US 75 & Grayson Drive - Grayson Drive Development Site 1.56 Acres of Commercial Land in Sherman, TX 75090
Investment Highlights
- Close to Highway 75
Executive Summary
Northmarq is pleased to present the Grayson Drive Development Site, a ±1.56-acre commercial development opportunity located at the southeast quadrant of U.S. Highway 75 and Grayson Drive in Sherman, Texas. The property offers direct frontage and high visibility along U.S. Highway 75, a heavily trafficked regional corridor connecting Sherman to McKinney, Plano, and the greater Dallas–Fort Worth Metroplex.
The site is immediately adjacent to Texoma Medical Center, one of the region’s primary healthcare providers and a major generator of daily traffic, supporting strong demand for medical office, retail, and service-oriented uses. The surrounding medical campus and professional offices further reinforce the site’s positioning for healthcare-related development. Sherman Town Center, the city’s dominant retail destination anchored by Target, Home Depot, and Academy Sports, is located just minutes away and provides additional retail and dining support. Ongoing economic growth driven by major employers such as Texas Instruments, Coherent, and GlobiTech continues to expand the local employment base, further strengthening commercial demand along the U.S. 75 corridor and positioning the Grayson Drive Development Site as a compelling opportunity in a high-growth North Texas market.
The site is immediately adjacent to Texoma Medical Center, one of the region’s primary healthcare providers and a major generator of daily traffic, supporting strong demand for medical office, retail, and service-oriented uses. The surrounding medical campus and professional offices further reinforce the site’s positioning for healthcare-related development. Sherman Town Center, the city’s dominant retail destination anchored by Target, Home Depot, and Academy Sports, is located just minutes away and provides additional retail and dining support. Ongoing economic growth driven by major employers such as Texas Instruments, Coherent, and GlobiTech continues to expand the local employment base, further strengthening commercial demand along the U.S. 75 corridor and positioning the Grayson Drive Development Site as a compelling opportunity in a high-growth North Texas market.
Property Facts
| Sale Type | Investment | Proposed Use | Commercial |
| No. Lots | 1 | Total Lot Size | 1.56 AC |
| Property Type | Land | Opportunity Zone |
Yes
|
| Property Subtype | Commercial | ||
| Zoning | C-2 - C-2 | ||
| Sale Type | Investment |
| No. Lots | 1 |
| Property Type | Land |
| Property Subtype | Commercial |
| Proposed Use | Commercial |
| Total Lot Size | 1.56 AC |
| Opportunity Zone |
Yes |
| Zoning | C-2 - C-2 |
1 Lot Available
Lot
| Lot Size | 1.56 AC |
| Lot Size | 1.56 AC |
1 1
Fairly walkable
40/100
Exceptionally drivable
100/100
Somewhat bikeable
20/100
Property Taxes
| Parcel Number | 402998 | Improvements Assessment | $0 |
| Land Assessment | $363,199 | Total Assessment | $363,199 |
Property Taxes
Parcel Number
402998
Land Assessment
$363,199
Improvements Assessment
$0
Total Assessment
$363,199
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SEQ of US 75 & Grayson Drive - Grayson Drive Development Site
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