Current Use by Public Records
- Land
Property Details
- Lot size
- 10.30 lot acres
- Property type
- Land
Description
This exceptional 10.3-acre commercial land parcel presents a unique investment opportunity in Sherman, Texas. Strategically located at the hard corner of W Washington Street and FM 1417, this property boasts 870 feet of frontage on FM 1417 and 600 feet on W Washington Street, ensuring high visibility and accessibility. The site benefits from existing utilities including electric, water, and sewer. While a pad site layout is flexible to meet individual needs, re-platting will be required before closing. Pricing is determined by the desired pad size and location. This property experiences significant traffic, with over 14,000 vehicles passing daily. FM 1417 is undergoing development into a four-lane major arterial, further enhancing its future value. The property is zoned C1 and situated within the 1417 overlay district, offering various development possibilities. Its advantageous location between major planned developments, 1.4 miles from US Highway 75, 3.5 miles from the new $157 million Sherman High School, and 2 miles from Highway 82, makes it an ideal site for a wide range of commercial ventures. A clean Phase 1 environmental report is available. APN numbers are 472903 and 370164. This is a for-sale-by-owner opportunity.
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
- -96.6408
- Latitude
- 33.6428
