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5510 La Cima rd
Sherman, TX 75092
Land For Sale
·
39.94 AC
INVESTMENT HIGHLIGHTS
- Opportunity zone property
- Located near new Sherman developments and Margaritaville in Dennison.
- Inside of Sherman ETJ
EXECUTIVE SUMMARY
Discover a rare investment opportunity in Sherman, Texas. This 39.94-acre land, located in an Opportunity Zone within the city's ETJ, offers flexibility and potential tax benefits. Ideal for a variety of developments, its size and strategic position near new city growth areas enhance its appeal. Key Highlights: Vast acreage for diverse projects. Situated in an Opportunity Zone for investment incentives. In the ETJ, allowing planning freedom. Close to Sherman's new developments and the upcoming Margaritaville Resort in Dennison. This property is a gateway to participate in North Texas's dynamic growth. Perfect for residential, commercial, or mixed-use developments. A unique chance to shape the future of Sherman. Contact for details and viewings.
PROPERTY FACTS
| Sale Type | Investment | Proposed Use | Commercial |
| No. Lots | 1 | Total Lot Size | 39.94 AC |
| Property Type | Land | Opportunity Zone |
Yes
|
| Property Subtype | Residential | ||
| Zoning | ETJ - Located within the city of Sherman ETJ, also inside of an opportunity zone. | ||
| Sale Type | Investment |
| No. Lots | 1 |
| Property Type | Land |
| Property Subtype | Residential |
| Proposed Use | Commercial |
| Total Lot Size | 39.94 AC |
| Opportunity Zone |
Yes |
| Zoning | ETJ - Located within the city of Sherman ETJ, also inside of an opportunity zone. |
1 LOT AVAILABLE
Lot
| Price | $3,500,000 | Lot Size | 39.94 AC |
| Price Per AC | $87,631.45 |
| Price | $3,500,000 |
| Price Per AC | $87,631.45 |
| Lot Size | 39.94 AC |
PROPERTY TAXES
| Parcel Number | 115341 | Improvements Assessment | $14,972 |
| Land Assessment | $1,349 | Total Assessment | $16,321 |
PROPERTY TAXES
Parcel Number
115341
Land Assessment
$1,349
Improvements Assessment
$14,972
Total Assessment
$16,321
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