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Cleared Highway-Frontage Land
For Sale
$475,000

153 Raccoon Drive, Sherman, TX 75092

A cleared tract in the Sherman ETJ with an existing water meter and access to electric service.

Property Size620,642 SF
Price / SF$0.77
Days on Market139

Property Features for 153 Raccoon Drive

General Information

Standard status Active
Size 620,642 SF
Property subtype Lots & Acreage / Unimproved Land

Amenities

Barbed Wire, Metal
No
Listing Agency: Regal, REALTORS
Listed By: Rich Johnson · License #0818074
Source: Compass
Added: Jun 10 Changed: Oct 25 Last Checked: Oct 25 at 2:32AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Regal, REALTORS

Rey
Ask AI about this property
Review the available facts, identify missing information and prepare questions for the agent.

Investment Insights

Based on property information with market context.

This 14.248-acre tract is cleared and has approximately 190 feet of frontage on Highway 82. It includes an existing water meter through Two Way Special Utility District, with access to electric service through Grayson Collin Electric Cooperative. A recently renewed agricultural exemption is in place. FEMA mapping indicates the property is outside the flood plain.

The land is within the Sherman ETJ, where zoning is not currently in place. The proposed Grayson County Tollway extension is less than 4 miles away. Development requirements, utility availability, access, and suitability for a specific use should be verified with the appropriate parties.

Key Highlights

  • 14.248 acres with approximately 190 feet of Highway 82 frontage
  • Cleared tract within the Sherman ETJ; zoning is not currently in place
  • Existing water meter through Two Way Special Utility District

Property Analytics

Who owns this building? See the owner, sales and loan history
Open Analytics

Suggested Use

Top Pick Auto Repair Shop Building Supply Storage Facility Coworking & Hybrid Office

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

11
Businesses Nearby

Demographics for 75092, TX

27,186
Population
13,117
Households
2.1
Avg Household Size
39
Median Age
30%
College-Educated
94%
High-School Grad
113.9 sq mi
ZIP Area
239
Density / Sq Mi
$67,160
Median Household Income
$41,683
Median Earnings
$1,205
Median Rent
$260,100
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Industrial in South region

6% 2019
6.5% 2020
4% 2021
3.5% 2022
6% 2023
7.6% 2024
7.9% 2025

Frequently Asked Questions

What type of property is this?
Land - A cleared tract in the Sherman ETJ with an existing water meter and access to electric service.
Where is this land located?
The property is located at 153 Raccoon Drive Sherman, TX.
What is the asking price?
The asking price for this property is $475,000.
What are key features of this property?
This property features: 14.248 acres with approximately 190 feet of Highway 82 frontage; Cleared tract within the Sherman ETJ; zoning is not currently in place; Existing water meter through Two Way Special Utility District
More about this property
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