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Property profile & analytics
OFF-MARKET
Land

15225 Tx-56 Sherman, TX 75092

10 ac lot
Property ID
Property summary
AI-generated overview

This exceptional 10-acre property boasts a highly visible corner location at the northwest intersection of Highway 56 and Friendship Road, conveniently situated just west of FM-1417/Heritage Parkway in Sherman, Texas, zip code 75092. The site benefits from a hard corner, signalized intersection, ensuring high traffic visibility and accessibility. Existing infrastructure includes a 12-inch water line directly to the property, with sewer lines conveniently located just to the east. This versatile land is zoned for agricultural use, offering significant development potential. Its strategic location provides unparalleled proximity to major employers, including Texas Instruments, whose new $30 billion fabrication plant is slated to create 3,000 direct jobs. Other significant businesses in the vicinity include Tyson Foods, GlobiTech, Finisar, Emerson, Royal Case, Kaiser Aluminum, and Sunny Delight, creating a robust and growing employment base. This presents a unique opportunity for investors and developers seeking a prime location with excellent infrastructure and strong economic drivers. Contact for pricing and further details.

Property profile
Verified
Property type Land
Lot 10 ac (435,600 SF)
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
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CAP Approach CAP
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Comparable Approach Comparable
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Blend (final) Blend
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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