You're browsing as guest. Top-line numbers are free. Full reports — owner contacts, refine, methodology — are paid. Guest mode. Top-line is free.
Back to Search
Property profile & analytics
OFF-MARKET
Land

0 Fm 1417 Sherman, TX 75020

39.09 ac lot
Property ID
Property summary
AI-generated overview

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.

Property profile
Verified
Property type Land
Lot 39.09 ac (1,702,760 SF)
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
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
by Request
Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
You own Fm 1417?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
List this address →
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message