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Property profile & analytics
OFF-MARKET
Land

0 Swq Us-82 & Preston Rd Sherman, TX 75092

52 ac lot
Property ID
Property summary
AI-generated overview

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.

Property profile
Verified
Property type Land
Lot 52 ac (2,265,120 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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