75 & Fm 691 Sherman, TX 75090
- Land
- 105.20 lot acres
Current Use by Public Records
- Land
Property Details for 75 & Fm 691
- Lot size
- 105.20 lot acres
- Property type
- Land
Description
This exceptional 105.2-acre commercial land parcel in Sherman, Texas, boasts a prime location at the northeast corner of US-75 and Blue Flame Road, directly across from Texoma Medical Center. This high-traffic area is home to over 3,500 employees and 400+ physicians, serving a trade area with 56,628 residents (projected to reach 59,500 by 2026) in 21,861 households (projected to reach 23,000 by 2026), boasting an average household income of $68,447. The site benefits from a strong daytime population of 62,226 due to its location within a thriving residential and commercial corridor. Situated within an opportunity zone, this land presents an ideal development opportunity for various projects, including single-family rentals, multi-family housing, and townhomes, capitalizing on the natural terrain. The property's strategic location further benefits from the projected job growth associated with the upcoming $30 billion Texas Instruments facility and the $5 billion GlobiTech facility, promising significant future development potential. Grayson County location, zip code 75090.
Value Estimation
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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
- -96.6092
- Latitude
- 33.6091
