2773 Fm 697 Sherman, TX 75090
- Commercial real estate
- 606.51 lot acres
Current Use by Public Records
- Commercial real estate
Property Details for 2773 Fm 697
- Lot size
- 606.51 lot acres
- Property type
- Commercial real estate
Description
Exceptional opportunity to acquire a sprawling 606.51-acre property in Sherman, Texas. This expansive land parcel boasts approximately 11,000 feet of road frontage along three roads: FM 697 (on two sides), JP Cave Road, and Independence Springs Road. Its strategic location provides convenient access to major transportation arteries, situated within five miles of US Highway 75, Highway 82, and downtown Sherman. The terrain features gentle topography across most of the property, with a small floodplain area along the southern boundary. This land is ideally suited for a variety of uses, including agricultural pursuits, recreational activities such as hunting, and potential residential development. The property is agriculturally assessed, resulting in lower taxes. It's partially located within Sherman's extraterritorial jurisdiction (ETJ) and partially in Grayson County, falling within the Sherman Independent School District. Water and sewer services are approximately two miles west. Minimal easements exist. The property is partially served by Pink Hill Water CCN and partially by Sherman's water CCN, while fully served by Sherman's sewer CCN. This rare offering presents a unique investment opportunity with significant potential.
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
- -96.5349178
- Latitude
- 33.6127537
