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Property profile & analytics
OFF-MARKET
Land

0 Tx-11 Sherman, TX 75090

Property ID
Property summary
AI-generated overview

Exceptional 859-acre property presents a unique investment opportunity on the southeastern edge of Sherman, Texas. This expansive tract boasts over three miles of road frontage, strategically positioned along two sides of State Highway 11 and Nelson Road, within the rapidly developing State Highway 11 corridor. The property's versatility allows for various uses, including long-term investment ("buy and hold"), subdivision into smaller parcels, or immediate development. Meticulously maintained, this land showcases pride of ownership, evident in its well-maintained fencing (including cross-fencing for cattle) and several existing buildings. Currently benefiting from an agricultural exemption, this sizable property offers significant potential for diverse uses and substantial returns. Its location near Highway 75 provides excellent accessibility and connectivity. The property is located in Grayson County, Texas, with a Sherman, TX address and zip code 75090.

Property profile
Verified
Property type Land
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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