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Property profile & analytics
OFF-MARKET
Land

1695 Elliott Rd Sherman, TX 75092

39.89 ac lot
Property ID
Property summary
AI-generated overview

This exceptional 39.89-acre commercial ranch property presents a unique investment opportunity in Sherman, Texas. Located at 1695 Elliott Road, this expansive land parcel boasts over 900 feet of frontage on Elliott Road, ensuring high visibility and accessibility. The property's zoning allows for a variety of commercial uses, making it ideal for developers seeking a strategic location with significant development potential. The land is classified as commercial and ranch, offering flexibility for diverse projects. While the property may have a small amount of flood-prone area, the significant acreage and prime location outweigh this minor consideration. Detailed surveys and environmental assessments are recommended for prospective buyers to fully understand the property's characteristics and potential development constraints. The asking price is $2,730,000. The total lot size is 39.89 acres, translating to approximately 1,737,608 square feet. This substantial land area provides ample space for various commercial ventures, from large-scale developments to smaller, specialized businesses. Situated in Grayson County, Texas, with a 75092 zip code, this property offers easy access to major transportation routes and amenities. The coordinates are 33.6275086 latitude and -96.6889843 longitude. Serious inquiries are encouraged.

Property profile
Verified
Property type Land
Lot 39.89 ac (1,737,608 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
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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