0 Washington St Sherman, TX 75092
This exceptional 100-acre property is situated in Grayson County, Texas, boasting a significant frontage on W Washington Street. The land is conveniently located approximately one mile north of Highway 56 on Preston Road, within the city limits of Sherman, Texas, zip code 75092. Currently zoned for Agricultural use (AG), this expansive ranch presents a multitude of development possibilities. The substantial lot size offers ample space for various ventures, from agricultural pursuits to potential future rezoning and development projects. Its strategic location near Highway 56 ensures convenient access to major transportation routes, enhancing its overall appeal and potential for growth. The property's coordinates are 33.6402554 latitude and -96.66536 longitude. Serious inquiries are encouraged to explore the full potential of this remarkable land opportunity. The property is classified as a Ranch-style land parcel. This is a unique opportunity to acquire a large tract of land in a rapidly growing area of Texas.
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
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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.