Funding type
This project is privately funded, on private land for private use.
Restaurant & Retail Shell Development in Sherman, TX
NEC FM 1417 & South Carolina Drive, Sherman, TX, 75090
Restaurant & Retail Shell Development is a new construction project at NEC FM 1417 & South Carolina Drive, Sherman, in Grayson County, TX, tracked from its Texas Department of Licensing and Regulation (TDLR) registration. Under construction, estimated completion Dec 2026. The project has an estimated value of $1.3M across about 8,600 sq ft.
- Estimated project value
- $1.3M
About this figure
Estimated construction cost supplied in the TDLR filing. This is not a current property appraisal or a final construction invoice.
- Reported floor area
- 8,600 ft²
About this figure
Square footage reported for this scope of work. It may cover only part of a larger property.
- Estimated cost / ft²
- $151/sqft
About this figure
Calculated from this filing’s estimated cost divided by its reported square footage. Available only when both figures are supplied; it is not a market benchmark.
- Scheduled duration
- 10 months
About this figure
The interval between the filed start and completion dates. These dates describe the proposed schedule and do not measure actual construction progress.
The project record
Project timeline
Explore filed milestones and scheduled dates. Open a milestone for its source.
4 timeline dates shown.
Project registered · TDLR filing
Registration of the project with the Texas Department of Licensing and Regulation.
Source: TDLR filing
View source recordReview complete · TDLR filing
The filing records completion of the accessibility review.
39 days after the preceding date shown.
Source: TDLR filing
View source recordScheduled construction start · Scheduled date
A date supplied in the filing; this does not confirm that work started or finished.
56 days after the preceding date shown.
Source: TDLR filing
View source recordScheduled completion · Scheduled date
A date supplied in the filing; this does not confirm that work started or finished.
304 days after the preceding date shown.
Source: TDLR filing
View source record
📰About Restaurant & Retail Shell Development
Restaurant & Retail Shell Development is a new single-story building under construction at the northeast corner of FM 1417 and South Carolina Drive in Sherman. The project encompasses 8,600 square feet of shell retail space, with an estimated total cost of $1,300,000. This new construction project is scheduled to finish in December 2026, following a start date of March 2026.
The owner of record is SBD Investments LLC, a private entity developing the site on private land for private use. Rashmi C Incorporated serves as the design firm of record for the project. The registered accessibility specialist listed in the TDLR filing is David S Drepaul. The site is located in Grayson County, Texas, specifically in ZIP code 75090.
Project Specifications and Cost
The estimated cost of $1,300,000 translates to approximately $151 per square foot. This figure is close to the county median of $135 per square foot for similar new construction filings in Grayson County. The total estimated cost is above the county median of $900,000 for new construction projects. The scheduled build window of 304 days is longer than the county median of 242 days.
Rashmi C Incorporated has six other TDLR-registered projects totaling $7,900,000. These include retail shell developments in Forney and Little Elm, as well as a legacy century crossing project in Plano. The firm also designed a medical office shell building and a Hindu temple project, both with completed reviews. This project fits within the firm's portfolio of commercial shell buildings.
Location and Market Context
This places the property in a low-risk area for flooding. The surrounding area includes several other registered new construction projects, such as Brakes Plus, Lone Tree Phase I, and Casey's General Store. These projects indicate active commercial development in the vicinity of FM 1417 and South Carolina Drive.
According to U.S. Census ACS 2023 five-year estimates for ZIP 75090, the population is about 26,273. The median household income is $58,586, and the median owner-occupied home value is $163,500. Housing in the area is mostly owner-occupied, with 9,602 housing units recorded. The Grayson County unemployment rate was 4.6 percent in July 2026, higher than a year earlier.
Review Complete
Design review complete, construction may proceed
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Restaurant & Retail Shell Development is a New Construction project located at NEC FM 1417 & South Carolina Drive, Sherman, TX 75090 in Sherman, Texas. The project has an estimated value of $1.3M covering 8,600 sq ft. SBD Investments LLC is the property owner and Rashmi C Incorporated is the design firm of record. The project was registered with TDLR on November 26, 2025.
Frequently Asked Questions
Who is the owner of this restaurant project?
SBD Investments LLC is the owner of record for this new construction project. The project is privately funded and located on private land in Sherman, Texas.
What is the estimated cost per square foot?
The estimated cost is $151 per square foot. This is close to the Grayson County median of $135 per square foot for similar new construction filings.
Is the restaurant open for business?
No, the project is under construction. The TDLR record indicates construction is scheduled to finish in December 2026, so the business is not yet operating.
Who is the design firm for this project?
Rashmi C Incorporated is the design firm of record. They have six other TDLR-registered projects totaling $7,900,000, including retail shells in Forney and Little Elm.
Is the site in a flood zone?
It is designated as zone X, indicating low risk for flooding according to the FEMA National Flood Hazard Layer.
What is Restaurant & Retail Shell Development?
Restaurant & Retail Shell Development is a new construction project at NEC FM 1417 & South Carolina Drive in Sherman, Texas, registered with the Texas Department of Licensing and Regulation (TDLR). Scope of work: Single-story shell retail restaurant building.
Is Restaurant & Retail Shell Development open in Sherman?
Restaurant & Retail Shell Development is still under construction in Sherman, TX, with an estimated completion of Dec 2026 according to its TDLR registration.
Where is Restaurant & Retail Shell Development located?
Restaurant & Retail Shell Development is located at NEC FM 1417 & South Carolina Drive, Sherman, TX, 75090, in Grayson County.
Who is the owner or developer of Restaurant & Retail Shell Development?
SBD Investments LLC is the property owner/developer of record for Restaurant & Retail Shell Development, per its TDLR project registration.
Who is the architect or design firm for Restaurant & Retail Shell Development?
Rashmi C Incorporated is the design firm of record for Restaurant & Retail Shell Development, according to its TDLR filing.
How much does Restaurant & Retail Shell Development cost and how big is it?
Restaurant & Retail Shell Development has an estimated construction value of $1.3M and approximately 8,600 square feet (about $151/sqft), based on its TDLR filing.
Scope of Work
Single-story shell retail restaurant building.
Note: This project is registered under the Texas Accessibility Standards (TAS) program. TDLR registration is required for commercial and public facility construction to ensure compliance with accessibility requirements under Texas Government Code Chapter 469.
Location & views
NEC FM 1417 & South Carolina Drive, Sherman, TX, 75090
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