0 Us Highway 82 Sherman, TX 76273
This exceptional 8.769-acre commercial land parcel presents a unique investment opportunity in Sherman, Texas. Ideally situated on US Highway 82, the property boasts significant highway frontage of approximately 600 feet, ensuring high visibility and accessibility. Its Commercial zoning allows for a wide range of development possibilities, catering to various business ventures. The location offers convenient access to key transportation arteries, including proximity to Highway 377 (approximately two miles) and Highway 289 (Preston Road, approximately four miles). Furthermore, the property's location is approximately one mile from Saddler High School, adding to its appeal for businesses targeting a family-oriented demographic. The expansive lot size provides ample space for large-scale projects, while its strategic location within Grayson County, Texas, and its proximity to Lake (name not specified in provided information) offers significant potential for growth and return on investment. Detailed surveys and site plans are available upon request. This is a rare opportunity to acquire a substantial commercial land holding in a thriving Texas market. Don't miss out on this exceptional chance to build your business's future.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.