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Grayson, US

Prime 186-Acre Development Opportunity Near Sherman CBD
This remarkable 186-acre property is the largest contiguous tract of vacant land near the Sherman Central Business District, offering unmatched proximity to retail, dining, entertainment, and major transportation routes. Located just 5 minutes from HIghway 75 and approximately 10 minutes from the heart of Sherman, the site delivers both convenience and privacy.
With its sweeping oak trees, a natural creek, and a tranquill, scenic setting, the land provides an exceptional foundation for residential or multi-family development. The property's versatility also makes it ideal for mixed-use projects, combining residential, retail, and service opportunities in one strategic location.
Boasting approximately 1,592 feet of Highway 82 frontage, this location offers unparalleled visibility--perfect for retailers, restaurants, and service businesses seeking maximum exposure. A recently completed environmental study, including Phase l and Phase ll reports, provides valuable due diligence already in place.
Whether you are seeking a prime 1031 Tax Free Exchange investment, large-scale residential site, or a high-visibility commercial location, this property offers endless possibilities. Its rare size, strategic location, and natural beauty make it a one-of-a-kind opportuntiy in the growing Sherman market.
Courtesy Of: Easy Life Realty
Feature Highlights
- AG Exemption
- Multi Parcel ID
Public Schools
- School District:
- Sherman ISD
- Elementary School:
- Dillingham
- Middle School:
- Piner
- High School:
- Sherman
Interior Features
- Frontage Feet:
- 1592
Exterior Features and Amenities
- Acres Bottom Land:
- 186.00
- Lot Features:
- Acreage,Agricultural
- Lot Size:
- Over 100 Acres
- Lot Size Area:
- 186.0000
- Lot Size Units:
- Acres
- Subdivision Name:
- Jennings Fleming,Mcglothlin
Utility Information
- Utilities:
- All Weather Road,City Sewer,City Water,Electricity Available,Sewer Available
Other Features
- Easements:
- Electric,Pipeline,Utilities,Water Lines
- Parcel Number:
- 121123,118490,121122
- Possession:
- Closing/Funding
- Restrictions:
- No Known Restriction(s)
- Special Notes:
- Aerial Photo,Flood Plain,Phase I Complete,Phase II Complete,Pipeline,Survey Available
- Will Subdivide:
- No
Directions
While driving north on Highway 75 to Sherman, take a right at the exit that leads to Highway 82 and go east. Take the Skaggs exit and slow down to turn right to enter the front entrance driveway which is a the end of the off-ramp. The address that will be in your GPS is 2800 E. 82, Sherman.

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Data last updated: 2025-09-11.
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