2801 Texoma PkwySherman, TX 75090

This exceptional 1.01-acre commercial property, located at 2801 Texoma Parkway in Sherman, Texas, presents a unique investment opportunity. The site boasts a substantial 44,039 square feet of land, offering significant development potential. Originally part of the Sher-den Mall, this property is strategically positioned at the intersection of Highway 82 and Texoma Parkway, ensuring high visibility and accessibility. Built in 1984, the property is zoned for a wide range of uses under the C-2 General Commercial District, including retail, commercial, office, lodging, and institutional uses. However, it's important to note that specific zoning regulations apply, particularly those within the O-1 (75 & 82) Overlay District. The asking price is $924,000, translating to $20.98 per square foot. The land value alone is $44,039 per square foot. This property is ideal for both users and investors seeking a prime location with diverse development possibilities in a thriving Texas market. The property's location at a major intersection provides excellent exposure and convenient access for customers and employees. Detailed zoning information is available upon request. This is a rare opportunity to acquire a significant commercial property in a high-growth area.