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    000 Hwy82/289 Tx-289 Sherman, TX 75092

    For Sale
    $5,130,000

    Unimproved Land - Sherman, TX

    Type:Unimproved Land
    Lot size:
    23.56 Acres
    Days on Market:
    117
    Last Refresh:
    Dec 12 at 4:06 pm

    Property Features for 000 Hwy82/289 Tx-289

    General Information

    Property type
    Land
    Property subtype
    Unimproved Land
    Standard status
    Active
    APN
    119122
    Lot size
    23.56 Acres

    Building Details

    Architectural style
    Other

    BUTCH FIFE REALTORS (903) 891-3066

    Listing agent Greg Fife (903) 891-3066 License #0739890

    Listing date Aug 18, 2025

    MLS# 20592840 Listing URL

    Copyright © 2025 North Texas Real Estate Information Systems, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Prime Land on Highway Corner

    This 23.555-acre tract of unimproved land is located at the northwest corner of US HWY 82 and HWY 289 in Sherman, Texas. The property features approximately 2400 feet of frontage. A new development is currently in progress across HWY 289, suggesting potential for future multi-use development of this tract.
    Location Intelligence

    Current Use by Public Records

    Commercial land

    Map

    City
    Sherman
    County
    Grayson
    State
    Texas
    Longitude
    -96.69955544
    Latitude
    33.67440315

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    FAQs

    What type of property is this?
    Land - Unimproved land with highway frontage in Sherman, Texas.
    Where is this land located?
    The property is located at 000 Hwy82/289 Tx-289 Sherman, TX.
    What is the asking price?
    The asking price for this property is $5,130,000.
    What are key features of this property?
    This property features: - High-traffic location at the northwest corner of US HWY 82 and HWY 289.; - Approximately 2400 feet of frontage on major highways.; - Suitable for multi-use development.
    (903) 891-3066
    Request Owner's contact information
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    000 Hwy82/289 Tx-289 Sherman, TX 75092
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