Features & Amenities

Interior

  • Total Bedrooms

    N/A

  • Bathrooms

    N/A

  • Pet friendly

    N/A

Exterior

  • Garage

    No

  • Pool

    No

Area & Lot

  • Lot Features

    Cleared

  • Lot Size(acres)

    41.24

  • Lot Size(square feet)

    1,796,414

  • Property Type

    Commercial Sale

  • Property Sub Type

    Unimproved Land

Price

  • Sales Price

    $10,775,000

  • Tax Amount

    $53,390

  • Zoning

    Mixed Zoning

  • Sq. Footage

    N/A

  • Price/SqFt

    N/A

HOA

  • Association

    No

School District

  • Elementary School

    Percy W Neblett

  • Middle School

    Sherman

  • High School

    Sherman

Property Features

  • Sewer

    Public Sewer

  • Water Source

    Public

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Location

County

Grayson

Elementary School

Percy W Neblett

Middle School

Sherman

High School

Sherman

Listing Courtesy of L.J. Erickson, Duggan Realty Advisors L.L.C.

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44 acres of commercial land on the NEC of Highway 82 and Texoma parkway. Former Sher-Den Mall Site. Opportunity zoned land. Commercial pad sites and residential land tracts available. Will parcel off ideal size tracts and pad sites for users and investors.

3209 Texoma Parkway

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Related Properties

Prime 23-Acre Development Tract with Hwy 75 Frontage – Sherman, Texas 
Capitalize on the rapid growth of the North Texas, Silicon Prairie, with this premier 23-acre development opportunity. Located within the Sherman city limits and just an hour north of Dallas, this highly visible tract features dual frontage on both U.S. Highway 75 and Loy Lake Road, ensuring maximum exposure and accessible ingress and egress. 
Strategic Location: Situated in a high-growth corridor just north of Sherman Town Center and the new Courtyard by Marriott. It sits exactly 10 miles north of the massive Texas Instruments and Globiwafer multi-billion dollar manufacturing plants, and 10 miles south of the Oklahoma border.
Favorable Zoning & Utilities: Zoned R-6 (Residential) within the City of Sherman, with city utilities available, including a city gravity sewer line on the north side of the property and a 12 inch water line running along hwy 75.  1198' road frontage on Hwy 75 and 822' road frontage along Loy Lake Rd.
Maximum Tax Incentives: Positioned within Opportunity Zones 1.0 and 2.0, providing developers and investors with exceptional long-term tax advantages.
Ready for Due Diligence: A complete property survey is available upon request to help accelerate your project timeline.
Whether you are looking to develop a master-planned residential community, high-density housing, or pursue a commercial variance in a booming submarket, this acreage offers the location, infrastructure, and financial incentives to maximize your return on investment. Contact us today to review the survey and secure this exceptional piece of the Texas growth engine.
#21368995

Sherman

4381 N Loy Lake Road

None Beds

None Baths

3,112 Sq.Ft.

$10,031,868

MLS#: 21368995

 - property

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