$5,500,000

Northmarq is pleased to present Sherman 67 Development Site, (the, “Property”), a ±67.2-acre development opportunity located at the NWC of Loy Lake & Kerr Chapel Road in Sherman, Texas. Sherman is the County Seat of Grayson County, one of the fastest growing counties in Texas. The Site’s proximity to Collin County, the economic powerhouse immediately to the south that includes booming markets like Frisco, Prosper, Celina, McKinney, and Plano, positions it perfectly to capture the northward expansion of the DFW metroplex. The Property benefits from exceptional regional connectivity via US Highway 75, a six-lane freeway providing direct access to the heart of Dallas, with additional accessibility forthcoming through the $315 million Dallas North Tollway extension to Denison. Sherman, Texas offers an affordable, high quality of life with a strong sense of community and abundant recreational activities. Coupled with Sherman’s business-friendly environment and massive inbound investments from semiconductor giants like Texas Instruments and Global Wafers, Sherman 67 Development Site allows a developer to strategically capitalize on the increasing need for housing in one of North Texas’ most promising growth corridors. Locational Overview: Positioned just 40 miles north of Dallas, Sherman is an integral part of the expanding DFW metroplex., The city conveniently offers an ideal blend of small-town charm with direct access to big-city amenities. The Texoma Region, encompassing Grayson County, boasts an immediate workforce of over 71,000 and serves as a crucial growth corridor for North Texas. Major employment sectors include advanced manufacturing - particularly semiconductor production - logistics, healthcare, and education. The Texoma Region generates an annual GDP of $5.6 billion, with a population exceeding 148,000 residents.