Mixed-Use Land for Sale in Sherman, Texas

The subject property, spanning 88.15 acres of vacant land within Denison's Extraterritorial Jurisdiction, is set for a transformative mixed-use development. This prime location is ideal for a comprehensive plan that allocates 12 acres to commercial ventures along FM-691(parcel number 115340) offering excellent frontage and accessibility for businesses that will enhance the local economy and provide conveniences to residents. The remaining land will be developed into a residential community, potentially featuring townhomes and single-family homes, meeting diverse housing needs. Once full approval of the entitlements is received, the property can possibly be annexed into the City of Denison and zoned accordingly, paving the way for development to begin. Located close to North Texas Regional Airport. Tons of development happening in this area and so much opportunity for more! Located near the North Texas Regional Airport, Grayson College, and tons of development going on in the area.