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    OFF-MARKET
    Commercial real estate

    2554 Bennett Rd, Howe, TX 75459

    13.95 ac lot
    Property ID
    US82-5846306
    Property summary
    AI-generated overview

    This exceptional 13.95-acre residential land parcel presents a unique investment opportunity in Howe, Texas. Located in Grayson County, at 2554 Bennett Rd, zip code 75459, this property is zoned Sherman ETJ. Its strategic location offers unparalleled access to major transportation arteries, including US Highway 75, placing it within easy reach of Sherman and Denison. The property benefits significantly from its proximity to the rapidly expanding Texas Instruments chip manufacturing facility, currently undergoing a $30 billion expansion project expected to create 3,200 jobs. This substantial investment represents the largest economic undertaking in Texas history, fueling significant growth in the Howe area. Furthermore, the property's close proximity to GlobiTech's $5 billion expansion and Coherent Corp (II-VI)'s $3 billion investment, adding another 1,500 jobs, underscores the exceptional potential for future appreciation. The Howe Independent School District, conveniently located near Texas Highway 289, adds to the area's appeal. Less than an hour from the DFW Metroplex, this property offers a compelling combination of location, accessibility, and growth potential. This is an ideal site for residential development, capitalizing on the burgeoning economic activity and strategic location within the thriving Texas technology sector.

    Property profile
    Verified
    Property type Commercial real estate
    Lot 13.95 ac (607,662 SF)
    UPID US82-5846306
    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
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    Owner & transaction history
    Owner on record
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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