Current Use by Public Records
- Land
Property Details for 0 Nwq Us-75 & Lamberth Rd
- Lot size
- 2.29 lot acres
- Property type
- Land
Description
This exceptional 2.29-acre commercial land parcel presents a unique investment opportunity in Sherman, Texas. Strategically located at the intersection of US-75 and Lamberth Road, this property boasts unparalleled visibility and accessibility. Situated on Cornerstone Drive, just west of US-75, the land benefits from its proximity to major transportation arteries, providing easy access to US-75 and US-82. A significant advantage is the upcoming hotel development on an adjacent lot to the north, promising increased traffic and commercial activity in the immediate vicinity. This location is ideal for a variety of commercial developments, particularly office condominiums, capitalizing on the high demand for commercial space in this rapidly growing area. The property's proximity to major employers further enhances its value. Texas Instruments, with its planned $30 billion fabrication plant slated for completion next year, is expected to create approximately 3,000 direct jobs. This significant economic boost will fuel further growth and development in the area. Other established businesses nearby include Tyson Foods, Globitech, Finisar, Emerson, Royal Case, Kaiser Aluminum, and Sunny Delight, creating a robust and diverse employment base. This prime location offers exceptional potential for significant return on investment. Contact us for pricing and additional information.
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
- Sherman
- County
- Grayson
- State
- Texas
- Longitude
- -96.6167
- Latitude
- 33.6617
