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Nwq Us-75 & Lamberth Rd Sherman, TX 75092

  • Land
  • 2.29 lot acres
OFF-MARKET
Value Estimations
Cap Rate Potential
Location Intelligence

Current Use by Public Records

  • Land

Property Details for 0 Nwq Us-75 & Lamberth Rd

Lot size
2.29 lot acres
Property type
Land

Description

This exceptional 2.29-acre commercial land parcel presents a compelling investment opportunity in Sherman, Texas. Strategically located at the intersection of NWQ US-75 and Lamberth Road, this property boasts unparalleled visibility and accessibility. Its prime corner location offers significant advantages for developers seeking high-impact exposure. The site is situated just west of US-75 and north of a soon-to-be-completed hotel, ensuring a thriving and dynamic surrounding environment. This location is ideal for the development of office condominiums, capitalizing on the area's robust growth. The property benefits from easy access to both US-75 and US-82, providing seamless connectivity throughout the region. Furthermore, the site's proximity to major employers significantly enhances its value. Texas Instruments, with its planned $30 billion fabrication plant slated to create 3,000 direct jobs, is a key driver of economic growth in the area. Other significant employers within close proximity include Tyson Foods, Globitech, Finisar, Emerson, Royal Case, Kaiser Aluminum, and Sunny Delight, creating a strong and diverse employment base. This presents a unique chance to acquire a substantial land parcel in a rapidly expanding market, poised for significant future appreciation. Contact for pricing and further details.


Value Estimations

based on Realmo’s proprietary methodology
  • AI approach

  • CAP approach

  • Comparable approach

  • Alternative Use


Location Insight

  • Map
  • Local Demand
City
Sherman
County
Grayson
State
Texas
Longitude
-96.6167
Latitude
33.6617
More about this property
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