Current Use by Public Records
- Land
Property Details for 3791 Loy Lake Rd
- Lot size
- 2.39 lot acres
- Property type
- Land
Description
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.
Value Estimations
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AI approach
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Denison
- County
- Grayson
- State
- Texas
- Longitude
- -96.6068
- Latitude
- 33.685
