Property summary
Rare opportunity to acquire 103± acres in one of the fastest-growing development corridors in North Texas. Located at 2164 Ford Road in Sherman, Texas, this exceptional property offers a strategic location just minutes from the multi-billion-dollar Texas Instruments semiconductor campus and the rapidly expanding Sherman-Denison growth corridor. **Owner financing is available**, providing added flexibility for qualified buyers. Featuring over 103 contiguous acres with substantial Ford Road frontage, gently rolling topography, mature tree lines, and natural drainage features, this tract offers outstanding development flexibility. Situated in Howe ISD and Grayson County, the property is well suited for a traditional residential subdivision, one-acre estate lots, executive acreage homesites, mixed-density residential development, or a long-term land banking investment. Electric and water are available, with future sewer expansion anticipated. Sherman's explosive growth continues to accelerate as global technology leaders invest billions into the region. In addition to Texas Instruments, GlobalWafers, and GlobiTech, **Coherent and NVIDIA recently announced a $650 million expansion in Sherman to build the world's first 6-inch indium phosphide semiconductor fabrication facility. The project will quadruple wafer production, create approximately 550 high-quality jobs, and further strengthen Sherman's position as a premier U.S. semiconductor manufacturing hub.** Conveniently located near US Highway 75 and US Highway 82, the property provides excellent access to Sherman, Denison, McKinney, and the Dallas-Fort Worth Metroplex. With unprecedented job growth, expanding infrastructure, and increasing housing demand, this property presents an exceptional opportunity for developers, investors, builders, and land bankers seeking to capitalize on one of Texas' most dynamic growth markets.
Property profile
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Comparables
6 recent transactions · within 1.5 miComparable in this City
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Value estimation
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Cap rate
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Property description
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