Us Highway 82 Sherman, TX 75092
- Land
- 2.82 lot acres
Current Use by Public Records
- Land
Property Details for 0 Us Highway 82
- Lot size
- 2.82 lot acres
- Property type
- Land
Description
This exceptional 2.82-acre commercial land parcel presents a remarkable development opportunity in Sherman, Texas. Strategically located on W US Hwy 82, the property boasts significant frontage of 350.66 feet along the highway and an additional 326.40 feet along Gibbons Road, as per the survey. The asking price is $525,000, translating to a land value of $2.85 per square foot. The property's northern boundary shares a line with 4985 Gibbons Rd, a recently sold duplex (MLS #20434404). Note that approximately nine acres of adjacent vacant land (MLS #20434416) are also available for purchase separately. This property is ideal for a variety of commercial ventures, benefiting from its high-visibility location and substantial road frontage. Please be aware that a designated area marked as "Billboard" on the survey is excluded from the sale, and any income generated from this area will remain with the current owner. The zoning for this property is currently unknown. This presents a unique chance to acquire a significant commercial land holding in a thriving Texas market. Act quickly to secure this prime development opportunity.
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
- -96.6297
- Latitude
- 33.671
