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NEQ - Hwy. 289 & Elliott Rd, Sherman, TX 75092
Land in Sherman, TX, poised for significant industrial growth.
Property SizeContact for details
Days on Market1146
Property Features for NEQ - Hwy. 289 & Elliott Rd
General Information
Standard status
Active
Property subtype
Land
Zoning
ETJ
Listing Agency:
Sonya Realty
Listed By:
Sonya Rafie · License #0330549
(972) 948-9200
Source:
Crexi
Added: Jul 21, 2023
Changed: Aug 26
Last Checked: Sep 6 at 9:01PM
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 Sonya Realty
Investment Insights
Based on property information with market context.
This property is situated in an area experiencing substantial industrial development. A company has committed to constructing four 300-millimeter semiconductor wafer fabrication plants, a project expected to generate 3,000 new jobs and potentially billions in investments. The first facility is anticipated to be completed in 2025. Another company will establish a state-of-the-art 300-millimeter silicon wafer factory, creating 1,500 new jobs. Construction of this facility, the first of its kind built in the U.S. in over 20 years, is expected to begin later this year, with production anticipated as early as 2025. The location was selected based on local and state incentives, ample resources, and established business relationships. There are prospects of developing the city into a complete semiconductor ecosystem.
Key Highlights
- Significant job creation: Thousands of new jobs coming to Sherman, TX.
- Major economic investment: Billions of dollars are being invested in the area.
- Strategic location: Sherman is becoming a key part of the solution to the global chip shortage.
Property Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
156
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
Market
Vacancy Rate% for Industrial in South region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Industrial land - Land in Sherman, TX, poised for significant industrial growth.
Where is this industrial land located?
The property is located at NEQ - Hwy. 289 & Elliott Rd Sherman, TX.
What are key features of this property?
This property features: Significant job creation: Thousands of new jobs coming to Sherman, TX.; Major economic investment: Billions of dollars are being invested in the area.; Strategic location: Sherman is becoming a key part of the solution to the global chip shortage.
