This feature is unavailable at the moment.
We apologize, but the feature you are trying to access is currently unavailable. We are aware of this issue and our team is working hard to resolve the matter.
Please check back in a few minutes. We apologize for the inconvenience.
- LoopNet Team
thank you
Your email has been sent!
Corner of Hwy 75 & Shepherd Rd - Across From Texas Instruments
72.44 Acres of Industrial Land in Sherman, TX 75090
Investment Highlights
- ±72.44-acre of raw land at the gateway of Sherman, Texas, offering a prime investment opportunity zoned for commercial and multifamily residential.
- Utility-ready, including water and sewer connections, providing a seamless entry for immediate development and reducing setup costs.
- Land is close to Texas Instruments and GlobalWafers, companies that are expected to create thousands of jobs and boost demand in the area.
- Situated at the northeast corner of US Highway 75 and Shepherd Road, it enjoys high visibility from over 43,000 VPD & easy access to major highways.
- Conveniently located 18 miles from McKinney, 30 miles from Plano, and 50 miles from Dallas, with easy access to the broader Texoma region.
- Sherman's population is expected to grow by 13% in the next five years, offering a vibrant market for retail, residential, and commercial development.
Executive Summary
The property’s location is further enhanced by nearby infrastructure and major employers. The land is adjacent to the 532-acre Shepherd’s Crossing, a mixed-use community under development, and across from Texas Instruments’ new fabrication plant, which is set to bring substantial job opportunities to the area. GlobalWafers also recently announced a $5 billion investment into a new wafer manufacturing facility, projected to create 1,500 jobs. Additional prominent employers include Tyson Foods, Finsar, Emerson, Royal Case, Kaiser Aluminum, and Sunny Delight, which contribute to a vibrant local economy. Sherman’s established tech-and-manufacturing hub is supported by reliable connectivity with recent fiber expansions by three telecommunications providers, providing businesses and residents with strong infrastructure.
Sherman’s growing economy and quality of life are unmatched in the region, contributing to its recognition by Business Insider as the fourth most desirable town in Texas. A growing population within a 10-mile radius of over 71,000 is expected to grow by over 13% in the next five years. Sherman is strategically positioned within the Texoma region, encompassing northern Texas, southern Oklahoma, and the Dallas-Fort Worth Metroplex, with quick distribution channels via US Highways 75 and 82. Located just 18 miles from McKinney, 30 miles from Plano, and 50 miles from Downtown Dallas, this property grants investors access to growing local and regional markets while offering lower costs and high quality of life. The ±72.44-acre tract at US Highway 75 and Shepherd Road is an opportunity to invest in Sherman’s thriving market.
Sale Flyer
Property Facts
1 Lot Available
Lot
| Lot Size | 72.44 AC |
| Lot Size | 72.44 AC |
Description
Located at the northeast corner of US-75 and Shepherd Road in Sherman, Texas, this ±56.3-acre tract offers prime development potential within a growing market. This property, designated as C-1 for commercial and MF-15 for multifamily residential, opens opportunities for diverse developments, including retail, office, and multifamily housing. Situated at the gateway of Sherman, this location benefits from direct exposure to a busy thoroughfare and proximity to Shepherd’s Crossing, a future 532-acre, master-planned mixed-use community expected to draw significant activity with its residential, retail, office, and dining amenities. The area surrounding this site is rapidly expanding, spurred by the presence of large-scale employers such as Texas Instruments and GlobalWafers, both of which have substantial investments in local manufacturing plants. These nearby developments are anticipated to create thousands of jobs, boosting local economic growth and increasing demand for housing, retail, and service-oriented businesses. Water and sewer utilities are readily available on-site, facilitating immediate development opportunities. Additionally, the tract’s accessibility to major transit routes—including McKinney, Plano, and Dallas—makes it an attractive site for new commercial and residential projects catering to both local and regional markets.
DEMOGRAPHICS
Regional Accessibility
zoning
| Zoning Code | C-1, MF-15 |
| C-1, MF-15 |
-
Bobby Rana - Vibhu Bobby Rana
Presented by
Vibhu Bobby Rana
Corner of Hwy 75 & Shepherd Rd - Across From Texas Instruments
Hmm, there seems to have been an error sending your message. Please try again.
Thanks! Your message was sent.