Sam Rayburn Fwy Dorchester, TX 75459
- Land
- 53.00 lot acres
Current Use by Public Records
- Land
Property Details for 0 Sam Rayburn Fwy
- Lot size
- 53.00 lot acres
- Property type
- Land
Description
Exceptional 53-acre commercial land parcel in Sherman, Texas, presents a unique mixed-use development opportunity. Ideally situated at the NEC of S Sam Rayburn Fwy in Grayson County (zip code 75459), this property boasts four distinct lots, each with significant potential. Lot One, encompassing approximately 11.03 acres, is designated for commercial development. Lot Two, spanning roughly 5.62 acres, has already received approval for a 60-unit townhome project. Lot Three, a substantial 19.07-acre parcel, is earmarked for a 220-unit build-to-rent (BTR) community. Finally, Lot Four, measuring approximately 6.11 acres, offers the potential for a multifamily development with a density of 30 units per acre. This prime location directly faces the site of Texas Instruments' $30 billion expansion, ensuring strong future growth and demand. The property's proximity to major employers such as Tyson Foods, GlobiTech, Finisar, Emerson, and Apple further enhances its investment appeal. This is a rare chance to acquire a large-scale development site in a thriving Texas market with exceptional access and visibility. The detailed lot sizes and development plans provide a solid foundation for immediate action and significant returns. Don't miss this opportunity to capitalize on the explosive growth in Sherman, Texas.
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Dorchester
- County
- Grayson
- State
- Texas
- Longitude
- -96.6745
- Latitude
- 33.5163
