Neq - Hwy. 289 & Elliott Rd Sherman, TX 75092
- Land
- 293.96 lot acres
Current Use by Public Records
- Land
Property Details for 0 Neq - Hwy. 289 & Elliott Rd
- Lot size
- 293.96 lot acres
- Property type
- Land
Description
This exceptional 293.96-acre commercial land parcel is strategically located in Grayson County, Texas, near the intersection of Hwy. 289 and Elliott Rd in Knollwood, with a permitted ETJ zoning designation. This presents a unique investment opportunity fueled by significant recent economic development in the Sherman area. Texas Instruments is constructing a new $30 billion manufacturing plant, creating thousands of jobs, and Globitech Semiconductor is expanding, adding another 1,500 jobs with a new state-of-the-art silicon wafer factory. These projects represent billions of dollars in investment and will significantly impact the local economy, creating a robust demand for commercial properties. The construction of these facilities, anticipated to be operational as early as 2025, positions this land for substantial future appreciation. The site's proximity to major transportation routes ensures excellent accessibility and connectivity. Given the current economic climate and the influx of high-tech manufacturing, this property offers a compelling opportunity for developers and investors seeking exposure to a rapidly growing market. The property's size and zoning provide considerable flexibility for a wide range of commercial developments, catering to the needs of the expanding semiconductor industry and the broader community. This is a rare chance to acquire a large tract of land in a region experiencing unprecedented growth. The zip code for this property is 75092.
Value Estimation
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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
- -96.6979
- Latitude
- 33.6274
