Tbd Knollwood Rd Sherman, TX 75092
- Commercial real estate
- 840 SF
- 2.20 lot acres
Current Use by Public Records
- Commercial real estate
Property Details for Tbd Knollwood Rd
- Year built
- 1950
- Lot size
- 2.20 lot acres
- Property size
- 840 SF
- Property type
- Commercial real estate
Description
This exceptional 2.2-acre lot in Sherman, Texas, presents a remarkable opportunity for discerning investors and developers. Boasting 490 feet of direct road frontage on Knollwood Road, the property enjoys convenient access to essential utilities, including 8-inch water and sewer lines situated at the road's edge. This strategic location significantly reduces infrastructure development costs and streamlines the construction process. The expansive acreage offers unparalleled flexibility, making it suitable for a diverse range of projects, including multi-family residential developments, custom home construction, or commercial ventures. Currently, a 2018 single-wide mobile home, deemed uninhabitable, resides on the property. This existing structure can be renovated, repurposed, or removed to accommodate the chosen development plan. The property's proximity to local amenities, schools, and major roadways enhances its appeal and ensures convenient access for future residents or businesses. Sherman's robust growth trajectory further underscores the investment potential of this exceptional land parcel. This is an unparalleled chance to capitalize on Sherman's thriving market and create a truly unique and valuable development. The possibilities are endless, making this a truly exceptional investment opportunity.
Value Estimation
-
CAP approach
-
Comparable approach
-
Alternative Use
Location Insight
- Map
- Local Demand
- City
- Sherman
- County
- Grayson
- State
- Texas
- Longitude
- -96.6198
- Latitude
- 33.6827