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Bennett Rd Howe, TX 75459

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88 acres near Texas Instruments plant, suitable for development.

Type:Land
Lot size:
88.00 Acres
Added:
Mar 4, 2024
Days on Market:
773
Last Refresh:
Mar 17 at 1:25 pm

Property Features for Bennett Rd

General Information

Standard status
Active
Lot size
88.00 Acres
Property subtype
Land

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Listing Contact
Josh Bryan

Listing agent Josh Bryan License #583582

Listing office Fairview Real Estate Services, LLC

Listing date Mar 4, 2024

Source Crexi

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 Fairview Real Estate Services, LLC


Overview

88 Acres Development Opportunity

This premier land offering consists of approximately 88 acres, presenting a strategic opportunity for future development. The site is composed of two parcels, which can be subdivided down to 10-acre sites. The tract is positioned to benefit from regional growth, supported by surrounding master-planned projects and its proximity to major economic developments, including the $30 billion Texas Instruments development located less than 2 miles to the west. Key infrastructural projects enhance the tract's value, including the future extension of Shepherd past Bennett Rd, creating a hard corner site. There is an on-site 4-inch water line and a 6-inch line on Bennett Rd. As development progresses, Shepherd will be extended east to the subject tract. The property is located near the Texas Instruments Chip Manufacturing Facility, which is undergoing a $30 billion expansion expected to create 3,200 jobs. Globitech's $5 billion expansion and Coherent Corp (II-VI)'s $3 billion investment are located approximately 3.7 miles and adjacent to the site, respectively. The Hard Rock Hotel and Margaritaville Resorts at Lake Texoma, 20 miles north, add a leisure and entertainment dimension to the area. This tract offers an opportunity for investors to capitalize on a region experiencing significant residential, commercial, and industrial development. Potential uses for the site include an RV park, storage facility, flex space, or industrial development.
Property Profile Insight Report Location Intelligence

Current Use by Public Records

Industrial land

Map

City
Howe
County
Grayson
State
Texas
Longitude
-96.575111
Latitude
33.565653

FAQs

What type of property is this?
Industrial land - 88 acres near Texas Instruments plant, suitable for development.
Where is this industrial land located?
The property is located at Bennett Rd Howe, TX.
What are key features of this property?
This property features: Less than 2 miles from Texas Instruments' $30 Billion Expansion creating 3,200 jobs; Strategic location in Sherman ETJ, surrounded by significant master‑planned projects; 88 acres can be subdivided down to 10‑acre sites, offering development flexibility
More about this property
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