Prime 74.4-acre commercial land parcel available for sale on Highway 82 in Sherman, Texas, presents an exceptional investment opportunity. This vacant, unimproved lot offers a blank canvas for development with zoning options MF-30 and C2, allowing for various potential uses, including commercial, mixed-use, multifamily, and self-storage projects. Located across the street from the popular Sherman Mall and a community of 700+ multifamily units, the property has immediate appeal and visibility. With access to nearby utilities and a low to moderate flood risk assessment, this property is primed for large-scale development to meet the needs of a growing area. Strategically positioned with easy access to major infrastructure, the property is within a 10-minute drive of Sherman Town Center and near popular housing communities such as Sweetwater Springs and Celebration Senior Living. Highways 75 and 82 connect this site to key distribution channels, and the property is located within a bustling commercial corridor with high daily vehicle traffic. Nearby, major employers such as Texas Instruments and GlobalWafers are set to create thousands of jobs in the area, driving consistent population growth and economic expansion. The property is also close to popular attractions like Texoma Event Center, enhancing the appeal for potential mixed-use or residential development. This has led to a growing population of over 95,000 within a ten-mile radius, which is expected to grow by over 14% in the next five years. With an additional daytime employee population of over 45,000. The area's consistent population growth and a favorable median household income of $58,420 within a ten-mile radius make this property primed to meet the expanding demand for retail and residential spaces. Overall, this high-potential site offers developers a prime location to create a dynamic project that capitalizes on Sherman’s ongoing growth. Sherman is recognized as one of the most desirable towns in Texas, thanks to its balanced quality of life and vibrant local economy, and was recently ranked by Business Insider as the 4th most desirable town in the state. This site’s proximity to the Dallas-Fort Worth Metroplex and strategic location within the Texoma region offers investors unparalleled access to expanding markets at competitive development costs. This 74.4-acre lot on Highway 82 is a prime opportunity for developers to create a dynamic project that will capitalize on Sherman’s growth and the region’s rising demand for both residential and commercial spaces.