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    2115 Fm 1417 Sherman, TX 75092

    For Sale
    Contact for pricing

    Prime 10-acre industrial lot, ideal for development.

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    364
    This exceptional 10-acre industrial land parcel presents a unique investment opportunity in Sherman, Texas. Located at 2115 FM1417 in Grayson County, zip code 75092, this property is zoned for Light Manufacturing and Commercial uses, offering considerable flexibility for various development projects. The site benefits from its convenient location directly across from a new Sherman high school and just north of a substantial 624-acre planned mixed-use development, ensuring high visibility and accessibility. Significant residential growth is underway in the area, with over 12,000 housing permits already approved, creating a strong potential market for commercial and industrial ventures. All utilities are either on-site or readily available nearby. Furthermore, the strategic location along FM 1417, which is currently undergoing widening to four lanes, promises enhanced connectivity and increased traffic flow, further boosting the property's value and appeal. The current zoning is M-1 Light Manufacturing District, with a future land use designation of Auto-Urban Commercial, indicating strong potential for long-term growth and return on investment. This property is an excellent choice for businesses seeking a well-located, versatile industrial site in a rapidly expanding market.

    Property Features for 2115 Fm 1417

    General Information

    Property type
    Land
    Lot Size
    435,600 SF

    HighLights

    • M‑1 Light Industrial Zoning.
    • Future Land Use Designated Auto‑Urban Commercial.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Restaurant Realty agency Building Supply Dental Office Wholesale Shop Auto Repair Shop Kitchen & Bath Food Market Storage Facility Grocery Store

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Sherman
    County
    Grayson
    State
    Texas
    Longitude
    -96.644963439967
    Latitude
    33.605798685903

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    FAQs

    What type of property is this?
    Land - Prime 10-acre industrial lot, ideal for development.
    Where is this land located?
    The property is located at 2115 Fm 1417 Sherman, TX.
    What are key features of this property?
    This property features: M-1 Light Industrial Zoning.; Future Land Use Designated Auto-Urban Commercial.;
    Request Owner's contact information
    2115 Fm 1417 Sherman, TX 75092
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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
    2115 Fm 1417 Sherman, TX 75092
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