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Property profile & analytics
OFF-MARKET
Land

0 Plainview Rd Sherman, TX 75020

270 ac lot
Property ID
Property summary
AI-generated overview

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.

Property profile
Verified
Property type Land
Lot 270 ac (11,761,200 SF)
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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