$4,500,000

This 50.574-acre tract offers a rare large-acreage opportunity inside the city of Sherman, with 548 feet of frontage on W. Center Street. The property carries split C-1 Retail Business and R-6 Single-Family Residential zoning, allowing for commercial development along the frontage with residential or mixed-use development behind it. A proposed 60-foot dedicated access easement from FM 1417 (Heritage Parkway) would provide an additional entry from Sherman’s premier growth corridor. City utilities are already on site, including an 8-inch water line and a 12-inch sewer line, and no portion of the site lies within the floodplain. The east boundary adjoins Herman Baker Park, giving the property direct access to the park and its walking trail system, which is a strong amenity for a residential or mixed-use plan. Silverton Drive and Southridge Lane both dead-end at the southern property line, allowing for easy tie in. Multifamily and single-family developments adjoin the tract. The site is located within 1.6 miles of Sherman High School, Texoma Christian School, Inspire Academy, Highway 75 (58,000 VPD), and Stone Creek Golf Course, and within 4 miles of Sherman Town Center, Highway 82 (31,000 VPD), and the Global Wafers facility. A current boundary survey is available.