Current Use by Public Records
- Land
Property Details for 0 Swq Us-82 & Preston Rd
- Lot size
- 52.00 lot acres
- Property type
- Land
Description
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.
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
- -96.7218
- Latitude
- 33.6709
