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    Nwc Sh 289 & Plainview Rd Sherman, TX 75092
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    Nwc Sh 289 & Plainview Rd, Sherman, TX 75092

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    • Land
    • 16.84 lot acres
    Off-Market

    Value Estimations
    Cap Rate Potential
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    Current Use by Public Records

    • Land

    Property Details for 0 Nwc Sh 289 & Plainview Rd

    Lot size
    16.84 lot acres
    Property type
    Land
    Property subtype
    Farms

    Description

    This exceptional 16.84-acre agricultural land parcel presents a unique investment or development opportunity in Sherman, Texas, within the city's extraterritorial jurisdiction (ETJ). The property boasts significant frontage on both Preston Road (approximately 1,240 feet) and Plainview Road (approximately 885 feet), offering excellent accessibility and visibility. Currently unzoned, the land is subject to an NTX Airport overlay (B West, County). It's served by Pottsboro ISD and includes easements for water and a right-of-way along SH 289. This location benefits from Sherman's robust economic growth, fueled by a significant investment from Texas Instruments in a new semiconductor plant and a pro-business environment. Sherman's strategic location, experiencing approximately 80,000 vehicles per day on major highways, and its ranking as a highly desirable Texas town, further enhance the property's value. The proximity to Texoma Medical Center, employing over 3,000 people, adds to the area's strong employment base and potential for future development. This property is ideally suited for a variety of uses, capitalizing on the region's rapid expansion and strong economic outlook. Serious inquiries are encouraged.


    Value Estimations

    based on Realmo’s proprietary methodology
    • AI approach

    • CAP approach

    • Comparable approach

    • Alternative Use


    Location Insight

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    • Local Demand
    City
    Sherman
    County
    Grayson
    State
    Texas
    Longitude
    -96.686
    Latitude
    33.6963
    More about this property
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