Property
Beds
None
Full Baths
None
1/2 Baths
None
Year Built
1976
Sq.Footage
3,112
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.
Features & Amenities
Interior
-
Total Bedrooms
N/A
-
Bathrooms
N/A
-
Pet friendly
N/A
Exterior
-
Garage
No
-
Pool
No
-
Waterfront YN
NO
Area & Lot
-
Lot Features
Many Trees
-
Lot Size(acres)
23.03
-
Lot Size(square feet)
1,003,186
-
Property Type
Commercial Sale
-
Property Sub Type
Unimproved Land
Price
-
Sales Price
$10,031,868
-
Tax Amount
$7,711
-
Zoning
Commercial
-
Sq. Footage
3,112
-
Price/SqFt
$3,223
HOA
-
Association
No
School District
-
Elementary School
N/A
-
Middle School
N/A
-
High School
N/A
Property Features
-
Stories
1
-
Sewer
Public Sewer, Septic Tank
-
Water Source
Public
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Location
County
Grayson
Elementary School
Middle School
High School
Listing Courtesy of ROBIN PHILLIPS, PARAGON, REALTORS
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AGENT
Joe Boston
Call Joe today to schedule a private showing.
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