Fm-1417 N Sherman, TX 75092
- Commercial real estate
- 8.61 lot acres
Current Use by Public Records
- Commercial real estate
Property Details for Fm-1417 N
- Lot size
- 8.61 lot acres
- Property type
- Commercial real estate
Description
This exceptional 8.61-acre tract presents a compelling development opportunity in Sherman, Texas. Situated on Highway 1417 (FM-1417), this property boasts over 900 feet of road frontage, ensuring high visibility and accessibility. Its strategic location within Sherman city limits capitalizes on present and future growth within the city and Grayson County. The land is zoned for multi-family residential development, making it ideal for apartments, townhouses, or other similar projects. The high traffic volume on Highway 1417 guarantees significant exposure for any development undertaken on this site. This presents a rare chance to acquire a substantial parcel of land in a thriving area, poised for significant appreciation. The property's size and zoning regulations offer considerable flexibility for a variety of development plans, catering to the growing housing demands of the region. Investors seeking a prime location with strong potential for return will find this offering particularly attractive. The asking price is $2,200,000. Serious inquiries are encouraged. Detailed zoning information and development guidelines are readily available upon request. Don't miss this exceptional opportunity to secure a piece of Sherman's future.
Value Estimation
-
CAP approach
-
Comparable approach
-
Alternative Use
Location Insight
- Map
- Local Demand
- City
- Sherman
- County
- Grayson
- State
- Texas
- Longitude
- -96.6449
- Latitude
- 33.6316
