0 Plainview Rd Sherman, TX 75020
This exceptional ±270-acre agricultural land parcel presents a unique investment opportunity in Grayson County, Texas. Strategically located along Plainview Road, this property enjoys convenient access to US Highway 82 and benefits from its intersection with the planned route of the future Grayson County Tollway. The property's location offers significant advantages for developers, with proximity to both the rapidly growing city of Frisco (approximately 45 miles away) and the recreational amenities of Lake Texoma (approximately 15 miles away). Zoned AG, this unincorporated land is priced at $55,000 per acre, totaling $14,850,000. The property falls within the S and S Consolidated Independent School District, providing valuable context for potential residential or mixed-use development. Given its size, location, and access to major transportation routes, this ±270-acre tract offers substantial potential for a variety of development projects. The strategic intersection with the future tollway further enhances its long-term value and accessibility. This is a rare opportunity to acquire a significant land holding in a rapidly developing area of Texas. Detailed surveys and due diligence are recommended.
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.