TBD E Canyon Grove Road new

Sherman,TX 75092

$ 2250000

- Bed

- Bath

- SqFt


Key Details

Property Type Vacant Land

Sub Type Unimproved Land

Listing Status Active

Purchase Type For Sale

Subdivision John Jennings

MLS Listing ID 21046661

HOA Y/N None

Annual Tax Amount $15,891

Lot Size 18.560 Acres

Acres 18.56

Property Sub-Type Unimproved Land

Property Description

We are pleased to offer for sale an exceptional ±18.56-acre development opportunity strategically located along North Travis Street and E Canyon Grove Rd in Sherman, Texas. This two-parcel assemblage (17.662 acres and 0.895 acres) sits in the heart of the Hwy 75 & 82 corridor, the most active retail and growth hub in the region.

The property is directly adjacent to Walmart and lies within a federally designated Opportunity Zone, providing potential tax advantages for investors. Just across the street, Sherman Town Center offers a powerful retail draw with major anchors including Target, Hobby Lobby, Home Depot, and Sam's Club. The site is also in close proximity to the planned Heritage Ranch master-planned community, a 439-acre project slated for commercial, entertainment, residential, park, and open space uses.

With excellent visibility, utility access, and flexible zoning potential, the site is ideally positioned for mixed-use office condos, professional services, or retail development. Sherman is experiencing unprecedented commercial and residential expansion, fueled by new employment growth and infrastructure investment — making this property a rare chance to secure a foothold in one of North Texas' fastest-growing markets.

Location

State TX

County Grayson

Zoning Property is zoned Commercial and in an Opportunity Zone.

Direction North on 75, exit US 82 W. Right on North Travis, right on Canyon Grove Rd.

Exterior

Utilities Available City Water,Electricity Available,Sewer Available

Garage No

Building

Lot Description Acreage,Few Trees,Pasture

Schools

Elementary Schools Percy W Neblett

Middle Schools Sherman

High Schools Sherman

School District Sherman Isd

Others

Restrictions Easement(s)

Ownership See Tax

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