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000 Shepherd Rd. - Shepherd Rd. Investment/Development 90.89 Acres of Residential Land Offered at $8,180,100 in Sherman, TX 75092

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INVESTMENT HIGHLIGHTS

Prime Location
Exploding population growth

Utilities closeby

PROPERTY FACTS

Price	$8,180,100	Property Subtype	Residential
Sale Type	Investment or Owner User	Proposed Use	Commercial Mixed Use Multifamily Apartment Units Hold For Development Hold For Investment Master Planned Community Planned Unit Development Retail Warehouse Self Storage Single Family Development
No. Lots	1	Total Lot Size	90.89 AC
Property Type	Land
Zoning	Commercial - Commercial

Price	$8,180,100
Sale Type	Investment or Owner User
No. Lots	1
Property Type	Land
Property Subtype	Residential
Proposed Use	Commercial Mixed Use Multifamily Apartment Units Hold For Development Hold For Investment Master Planned Community Planned Unit Development Retail Warehouse Self Storage Single Family Development
Total Lot Size	90.89 AC
Zoning	Commercial - Commercial

1 LOT AVAILABLE

Lot

Price	$8,180,100	Lot Size	90.89 AC
Price Per AC	$90,000.00

Price	$8,180,100
Price Per AC	$90,000.00
Lot Size	90.89 AC

90.89 Acres

DESCRIPTION

PRIME LOCATION! This tract is strategically located on the same road 1 mile west from the $30B Texas Instruments expansion. At the corner of Shepherd Rd. and Farmington Rd. this 90.89 acre tract is poised to capitalize on the population influx from DFW along with the many jobs created by the Texas Instruments development and chip manufacturing boom taking place in southern Sherman spearheaded by Global Wafers. HEB recently announced 20 acre site nearby. Many new developments coming nearby including Centurion American's Cottonwood development on FM 902, Shepherd's Place master planned community at Shepherd Road and Hwy. 75. With an available 20" groundwater line running along Farmington and a 36" sewer line located approximately 1 mile east at Texas Instruments. this site has much potential. In preparing for this growth, a portion of Shepherd Rd. has been recently updated to a 4 lane road and median. Many new developments are shaping up the surrounding area and this tract is next. Call us for any questions.

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