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    82 Hwy 75 & Hwy Sherman, TX 75090

    For Lease
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    2-Acre Commercial Land, Hwy 75/82

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    361
    This exceptional 2-acre commercial pad site presents a unique investment opportunity in Sherman, Texas. Strategically located at the southeast quadrant of the intersection of Highway 75 and Highway 82, this property benefits from its high-visibility location within a rapidly expanding area. The site is ideally situated along a highly desirable stretch of the Highway 75 corridor, experiencing significant residential growth fueled by the substantial Texas Instruments $30 billion semiconductor hub development. This prime location ensures exceptional exposure to a large and growing customer base. The property's 2-acre lot size offers ample space for development, making it suitable for a variety of commercial uses. Surrounded by established national retailers and restaurants, this pad site offers immediate access to existing infrastructure and a thriving commercial environment. Grayson County location and Sherman, TX 75090 zip code provide easy access to major transportation routes and amenities. This is a rare opportunity to acquire a highly visible and strategically located commercial land parcel in one of Texas' fastest-growing regions. The single-tenant potential allows for focused development and streamlined management. This property is ready for immediate development and offers significant long-term growth potential.

    Property Features for 82 Hwy 75 & Hwy

    General Information

    Property type
    Land
    Lease Type
    Gross Lease

    Unit(s) available at that property

    Space
    Available Space
    Size
    0 SF

    HighLights

    • ±2‑acre pad site.
    • High‑traffic location.
    • Excellent visibility.
    • Zoned for commercial development.
    • Utilities readily available.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Sherman
    County
    Grayson
    State
    Texas
    Longitude
    -96.6094248
    Latitude
    33.6698605

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    FAQs

    What type of property is this?
    Land - 2-Acre Commercial Land, Hwy 75/82
    Where is this land located?
    The property is located at 82 Hwy 75 & Hwy Sherman, TX.
    What are key features of this property?
    This property features: ±2-acre pad site.; High-traffic location.; Excellent visibility.
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    82 Hwy 75 & Hwy Sherman, TX 75090
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    Sherman, TX 75090
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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
    82 Hwy 75 & Hwy Sherman, TX 75090
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