Fm 1417 Sherman, TX 75020
- Land
- 39.09 lot acres
Current Use by Public Records
- Land
Property Details for 0 Fm 1417
- Lot size
- 39.09 lot acres
- Property type
- Land
Description
This exceptional 39.09-acre commercial land parcel in Sherman, Grayson County, Texas, presents a compelling investment opportunity. Priced at $1,950,000 ($50,000/acre), this property boasts a highly desirable C-2 zoning designation, suitable for a wide array of retail and wholesale activities. Its strategic location offers convenient access to major transportation routes, including close proximity to the North Texas Regional Airport and the new Texas Instruments plant, ensuring high visibility and accessibility for future development. Utilities are readily available for connection to the site. The property is currently vacant and offered in "as is" condition, providing a blank canvas for ambitious development plans. The land is comprised of four contiguous parcels (6.93 acres, 11.33 acres, and two parcels of 20.8 acres each), all under the same ownership and zoning. The C-2 zoning allows for a diverse range of commercial uses, making it ideal for businesses seeking a prominent location in a rapidly growing area. This is a 1031 exchange eligible property. This prime location and flexible zoning make this a rare opportunity for significant commercial development 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
- Sherman
- County
- Grayson
- State
- Texas
- Longitude
- -96.6493
- Latitude
- 33.6926
