Current Use by Public Records
- The Hickory Hill Garden Apartments / Apartment Complex
Property Details for 2300 Friendship Rd
- Lot size
- 101.00 lot acres
- Property type
- Land
- Property subtype
- Farms
Description
This exceptional 101-acre property presents a unique investment opportunity in Sherman, Texas's burgeoning growth corridor. Strategically located at the southwest corner of Pleasant Home Road and South Friendship Road, this expansive land parcel enjoys convenient access to major transportation arteries, including State Highway 56 and FM-1417/Heritage Parkway. Situated just outside the Sherman city limits, the property is zoned ETJ (Extraterritorial Jurisdiction), offering flexibility for various development projects. The site boasts readily available water access (details available upon request). This location offers unparalleled proximity to major employers, including the soon-to-be-completed Texas Instruments $30 billion fabrication plant, projected to create 3,000 direct jobs. Other significant businesses in the vicinity include Tyson Foods, GlobiTech, Finisar, Emerson, Royal Case, Kaiser Aluminum, and Sunny Delight, ensuring a robust and growing workforce base. The property's agricultural, residential, and ranch subtypes allow for a wide range of development possibilities, making it an attractive investment for both immediate and long-term growth. This is a rare opportunity to acquire a substantial land holding in a high-growth area with excellent infrastructure and a strong economic foundation. Detailed site plans and further information are available upon request.
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
- -96.6623
- Latitude
- 33.6094
