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4528 N Travis St - Sherman Multi-Family Land 30.98 Acres of Commercial Land Offered at $3,750,000 in Sherman, TX 75092
Investment Highlights
- Large Contiguous Tract: 30.982 acres providing scale and flexibility for master-planned development.
- Opportunity Zone Benefits: Potential tax advantages for eligible investors.
- Strong Demographics & Growth: Robust population and employment growth driven by major industrial and infrastructure investments.
- Prime Sherman Location: Positioned in a high-growth corridor bene3ting from major regional economic expansion.
- Development Ready: Favorable topography, access, and utilities support multiple development scenarios.
Executive Summary
30.982 acres adjacent to Heritage Ranch, a 440-acre mixed-use development planned for 760 single-family homes and 950 multifamily units, and just south of Austin Landing, which will deliver an additional 600 single-family homes. Strong retail access with close proximity to Sherman Town Center, anchored by Walmart, Cinemark, Hobby Lobby, Target, Home Depot, and JCPenney. Surrounded by a deep roster of national retailers including Kohl’s, Academy, Sam’s Club, Lowe’s, Orscheln Farm & Home, Of3ce Depot, and many others. Sherman is home to Texas Instruments, which is developing a new $30 billion semiconductor fabrication plant expected to come online next year and support up to 3,000 direct jobs over time. Additional major employers in the area include Tyson Foods, GlobiTech, Finisar, Emerson, Royal Case, Kaiser Aluminum, and Sunny Delight.
Property Facts
| Price | $3,750,000 | Property Subtype | Commercial |
| Sale Type | Investment | Proposed Use | |
| No. Lots | 1 | Total Lot Size | 30.98 AC |
| Property Type | Land | Opportunity Zone |
Yes
|
| Zoning | R-A - Commercial | ||
| Price | $3,750,000 |
| Sale Type | Investment |
| No. Lots | 1 |
| Property Type | Land |
| Property Subtype | Commercial |
| Proposed Use | |
| Total Lot Size | 30.98 AC |
| Opportunity Zone |
Yes |
| Zoning | R-A - Commercial |
1 Lot Available
Lot
| Price | $3,750,000 | Lot Size | 30.98 AC |
| Price Per AC | $121,045.84 |
| Price | $3,750,000 |
| Price Per AC | $121,045.84 |
| Lot Size | 30.98 AC |
30.98 acres adjacent to Heritage Ranch and just south of Austin Landing.
Description
30.98 acres adjacent to Heritage Ranch and just south of Austin Landing.
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Property Taxes
| Parcel Number | 118637 | Improvements Assessment | $91,933 |
| Land Assessment | $29,585 | Total Assessment | $121,518 |
Property Taxes
Parcel Number
118637
Land Assessment
$29,585
Improvements Assessment
$91,933
Total Assessment
$121,518
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4528 N Travis St - Sherman Multi-Family Land
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