62.8108-acre development opportunity strategically located at the northeast corner of Heritage Parkway (FM 1417) and Washington Street in Sherman, Texas. The property is situated immediately south of an established retail strip center and directly adjacent to the growing Washington Meadows residential community, creating an excellent setting for future residential, commercial, or mixed-use development. The tract offers prominent frontage along Heritage Parkway (FM 1417), one of Sherman’s important north-south growth corridors, with convenient access to major transportation routes and the surrounding retail, residential, and employment areas. The property is currently zoned residential. Commercial development would be subject to obtaining the appropriate zoning change and all required approvals from the City of Sherman. Buyers and developers should independently verify zoning, permitted uses, utilities, access, development standards, and availability with the City of Sherman and applicable governmental authorities. The property's size, corner location, visibility, and proximity to existing and expanding residential development make it an attractive opportunity for developers, investors, and users seeking a sizable tract in a rapidly developing area of Sherman.
View Virtual Tour| This Home's Price | $35,500,000 | This Home's Price Per SqFt | $ |
| Average Price | $9,674,250 | Average Price Per SqFt | $ |
| Highest Price | $35,500,000 | Highest Price Per SqFt | $ |
| Lowest Price | $43,000 | Lowest Price Per SqFt | $ |
Users may not reproduce or redistribute the data found on this site. The data is for viewing purposes only. Data is deemed reliable, but is not guaranteed accurate by the MLS or NTREIS.
Listing information last updated on October 19th, 2026 at 8:46am CDT.