Current Use by Public Records
- Land
Property Details
- Lot size
- 8.61 lot acres
- Property type
- Land
Description
This exceptional 8.609-acre commercial land parcel presents a remarkable opportunity for multifamily development in the thriving city of Sherman, Texas. Located on N. FM 1417 in Grayson County, zip code 75092, this property boasts a prime location with excellent access to major roadways and amenities. The land is zoned for multifamily use, allowing for the construction of apartments, townhouses, or other multi-unit residential buildings. The expansive lot size provides ample space for a substantial development project, catering to the growing demand for housing in the Sherman area. This is an ideal investment for developers seeking to capitalize on the robust real estate market and create a significant residential community. The property's coordinates are 33.6076246 latitude and -96.6449315 longitude. Given its size and zoning, this land offers significant potential for a high-return investment. Serious inquiries are encouraged to explore the possibilities of this exceptional development opportunity. The single existing building on the property is not specified. Further due diligence is recommended to confirm all aspects of the property's suitability for your specific development plans.
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
- -96.6449
- Latitude
- 33.6076
