0 Swq Us-82 & Preston Rd Sherman, TX 75092
This exceptional 52-acre commercial land parcel presents a unique investment opportunity in Sherman, Grayson County, Texas. Strategically located at the intersection of US-82 and Preston Road, this property boasts unparalleled access to major transportation arteries, including US-75 and Highway 56, ensuring seamless connectivity throughout the region. The site is already equipped with essential utilities, including water and sewer infrastructure, simplifying the development process. This location offers significant advantages for future single-family residential development, capitalizing on the robust growth spurred by the nearby Texas Instruments' new $30 billion fabrication plant currently under construction. This substantial investment is projected to create 3,000 direct jobs, fueling significant population growth and increased demand for housing. The property's proximity to established employers such as Tyson Foods, GlobiTech, Finisar, Emerson, Royal Case, Kaiser Aluminum, and Sunny Delight further enhances its appeal and potential for long-term value appreciation. The 75092 zip code offers a desirable location within a thriving community. This is a rare opportunity to acquire a large, well-situated tract of land poised for significant future development in a rapidly expanding area. The property's size and location make it an attractive prospect for developers seeking to capitalize on the region's economic momentum and burgeoning residential market.
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
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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.