26190 Us-82 Sherman, TX 75092
This exceptional 94.04-acre tract boasts prime commercial real estate potential with significant frontage on US Highway 82 in Sherman, Grayson County, Texas. Currently benefiting from an agricultural exemption, resulting in notably low property taxes, the land is presently under a verbal lease for pasture use. The property offers excellent access to essential utilities, including water from the Two Way Special Utility District (a plant located just over a mile west), with a 4-inch water line partially extending along the east side. Natural gas is readily available via Atmos Energy, electricity from Oncor, telephone service from AT&T, and cable television from Cable One. A comprehensive environmental report confirms the property's clean status, eliminating potential environmental concerns. The expansive 4,096,382 square foot parcel presents a unique opportunity for various commercial developments, taking advantage of its high-traffic location and existing infrastructure. The zip code is 75092. Detailed information and pricing are available upon request.
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
Similar Nearby for Sale
Similar Nearby for Lease
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.