Current Use by Public Records
- Land
Property Details for 000 Preston Rd
- Lot size
- 151.17 lot acres
- Property type
- Land
Description
This expansive 151.17-acre property, located at 000 Preston Road in Sherman, Texas (zip code 75092), presents a unique investment opportunity. Situated in Grayson County, this land boasts a highly desirable corner lot position at the intersection of Preston Road and Elliot Road, offering significant frontage on both major thoroughfares. The property features approximately 2500+ feet of frontage on Preston Road and 2500+ feet of frontage on Elliot Road, providing exceptional visibility and accessibility. Its dual commercial and residential zoning allows for a wide range of development possibilities, catering to diverse investment strategies. While the property offers immense potential, prospective buyers should note a potential for minor flooding in the southeast corner. The asking price for this substantial land parcel is $13,900,000. The property's coordinates are latitude 33.6201967 and longitude -96.698248. This significant acreage presents a rare chance to acquire a strategically located property with substantial development potential in a growing Texas market. Detailed surveys and environmental assessments are recommended for prospective buyers.
Value Estimations
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AI approach
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Sherman
- County
- Grayson
- State
- Texas
- Longitude
- -96.6982
- Latitude
- 33.6202
