620 Graham Dr Sherman, TX 75092
- Commercial real estate
- 6.99 lot acres
Current Use by Public Records
- Commercial real estate
Property Details for 620 Graham Dr
- Lot size
- 6.99 lot acres
- Property type
- Commercial real estate
Description
This exceptional 6.99-acre commercial lot presents a unique investment opportunity in Sherman, Texas. Strategically located behind Sherman Town Center and directly adjacent to a new 340-unit apartment complex currently under construction, this property offers unparalleled visibility and access to a growing residential population. The site boasts a gentle slope, eliminating any flood concerns, and is conveniently zoned C-1 commercial, ensuring a wide range of development possibilities. All utilities are readily available, simplifying the development process. While a vertical oil well is situated on the northern portion of the property (approximately 0.8 acres), this existing feature does not impede development on the remaining 5.2 net acres. The property's deed restrictions prohibit multi-family development, making it ideal for a variety of commercial uses, including storage facilities, flex spaces, or industrial outdoor storage (IOS). Given its prime location, convenient access to US-75, and the absence of floodplains, this property represents a compelling investment opportunity for developers seeking a high-visibility site in a thriving Texas market. The property is priced at $800,000. The address is 620 Graham Drive, Sherman, TX.
Value Estimation
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Sherman
- County
- Grayson
- State
- Texas
- Longitude
- -96.611
- Latitude
- 33.6844
