Listing Agency: Azim Global

Listed By: Huma Azim · License #0575698 Show Phone

Source: Crexi

Added: Feb 20, 2024 Changed: Aug 25 Last Checked: Sep 5 at 1:52PM

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Investment Insights

Based on property information with market context.

This 39.94-acre land parcel is located in Sherman, Texas, within an Opportunity Zone in the city's ETJ. The property's size and strategic position near new city growth areas enhance its appeal for a variety of developments. Situated close to Sherman's new developments and the upcoming Margaritaville Resort in Dennison, this property offers flexibility and potential tax benefits. It is ideal for residential, commercial, or mixed-use developments, offering a unique chance to participate in North Texas's dynamic growth.

Key Highlights

• Vast 39.94‑acre land suitable for diverse projects.
• Located in an Opportunity Zone, offering potential tax benefits.
• Situated in the ETJ providing planning freedom.

Property Analytics

Property Profile

Current Use

Land

Suggested Use

Top Pick Building Supply Big Box & Wholesale Store Auto Parts Store Hair Salon Restaurant Nail Salon

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

54

Businesses Nearby

Explore this area Business Placement

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

Questions? Ask Rey

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What type of property is this? Where is this land located? What is the asking price? Find similar properties What are key features of this property?

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Frequently Asked Questions

What type of property is this?

Land - 39.94-acre land in Opportunity Zone near new developments.

Where is this land located?

The property is located at 5510 La Cima Rd Sherman, TX.

What is the asking price?

The asking price for this property is $3,500,000.

What are key features of this property?

This property features: Vast 39.94‑acre land suitable for diverse projects.; Located in an Opportunity Zone, offering potential tax benefits.; Situated in the ETJ providing planning freedom.