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Property profile & analytics
FOR SALE
Commercial real estate

4528 N Travis St Sherman, TX 75092

30.89 ac lot
Property ID
US82-8210927
Property summary
AI-generated overview

This exceptional 30.89-acre land parcel presents a unique investment opportunity in the rapidly growing city of Sherman, Texas. Located at 4528 N Travis St, in Grayson County, zip code 75092 (33.678887, -96.623583), this property boasts versatile zoning, permitting multifamily, senior housing, or single-family residential development. All utilities are planned for delivery to the site, simplifying the development process. The strategic location places this land in the heart of Sherman's major growth area, offering unparalleled access to significant infrastructure projects currently underway. These include the substantial Texas Instruments $30 billion wafer plant (scheduled for completion in 2025), the expansive $6 billion Preston Harbor development anchored by a Margaritaville Resort, and the Globitech semiconductor facility, poised to add 1,500 new jobs to the region. This prime location and flexible zoning make this land ideal for developers seeking to capitalize on Sherman's booming economy and burgeoning population. The property's size and strategic placement offer significant potential for substantial returns. Don't miss this chance to secure a piece of Sherman's vibrant future.

Property profile
Verified
Property type Commercial real estate
Lot 30.89 ac (1,345,568 SF)
UPID US82-8210927
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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