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Property profile & analytics
OFF-MARKET
Land

3791 Loy Lake Rd Denison, TX 75092

2.39 ac lot
Property ID
Property summary
AI-generated overview

This exceptional 2.39-acre commercial land parcel presents a remarkable investment opportunity in Sherman, Texas. Strategically located off heavily trafficked US Highway 75, this property enjoys unparalleled visibility and accessibility. The site is zoned C-1 Retail Business District, offering a wide range of development possibilities. Its proximity to the Sherman Town Center further enhances its desirability. All utilities are either on-site or readily available nearby, simplifying development plans. The area is experiencing significant growth, with over ten active single-family residential developments currently underway in the immediate trade area, indicating a robust and expanding market. Future development potential includes auto-related businesses and other urban commercial uses. This property's ideal location, combined with its zoning and the surrounding development activity, makes it an exceptional choice for investors seeking high-growth potential. The land is located at 3791 N Loy Lake Rd, Sherman, TX 75092, in Grayson County. The price per square foot for the land is $15. This is a rare opportunity to acquire a prime commercial site in a thriving Texas market.

Property profile
Verified
Property type Land
Lot 2.39 ac (104,108 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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