Share This Listing

Message

927 characters remaining

Hmm, there seems to have been an error sending your message. Please try again.

Your email has been sent.

Still interested?

Contact the broker for more information about this property

620 Graham Drive - Sherman 2nd Tier Commercial Land 6.98 Acres of Commercial Land Offered at $800,000 in Sherman, TX 75092

Save this listing!

Favorite this listing to get notified of price updates, new media and more

INVESTMENT HIGHLIGHTS

  • Located in exploding Sherman behind Sherman Town Center at NWQ US-75 & US-82
  • Suited for Storage, Flex, IOS, Light Industrial, but not Multi-Family
  • 6.9882 Acres Gross, 5.2 Acres net of well, rolling, no flood, zoned Commercial, all utilties
  • Contact Wayne.Burgdorf for PDF brochure

EXECUTIVE SUMMARY

The Property is located in north central Sherman, which is exploding with growth including a Texas Instruments $30B chip plant expansion, a Globitech $5B silicon wafer plant, and an expanding Apple plant. It is specifically located at the NWQ of US-75 & US-82 behind Sherman Town Center with many anchors and retailers. A 340-Unit apartment complex is under construction to the north. Demos are solid. The site has frontage and access on Graham Drive. No second point of access has been initiated but could likely connect through the Sherman Town Center. 6.9882 Acres per survey, gentle slope, no flood, zoned C-1 Commercial, water & sewer nearby. Active vertical oil well on north section, 200’ “no structure” buffer, balance of surface to be released. Net land is ±5.2 acres.
Priced at $800,000. Any mid or high density uses will be deed restricted out. Suited for storage, flex, etc..

PROPERTY FACTS

Price $800,000
Sale Type Investment or Owner User
No. Lots 1
Property Type Land
Property Subtype Commercial
Proposed Use
Commercial
  • Industrial
  • Distribution
  • Garden Center
  • Hold For Investment
  • Parking Lot
  • Religious Facility
  • Self Storage
Total Lot Size 6.98 AC
Opportunity Zone Yes
Zoning C-1 - Commercial

1 LOT AVAILABLE

Lot

Price $800,000
Price Per AC $114,613.18
Lot Size 6.98 AC

Second tier freeway site behind Sherman Town Center. The 6.9882-acre site is suited for storage, flex, or similar development.

DESCRIPTION

The Property is located in north central Sherman, which is exploding with growth including a Texas Instruments $30B chip plant expansion, a Globitech $5B silicon wafer plant, and an expanding Apple plant. It is specifically located at the NWQ of US-75 & US-82 behind Sherman Town Center with many anchors and retailers. A 340-Unit apartment complex is under construction to the north. Demos are solid. The site has frontage and access on Graham Drive. No second point of access has been initiated but could likely connect through the Sherman Town Center. 6.9882 Acres per survey, gentle slope, no flood, zoned C-1 Commercial, water & sewer nearby. Active vertical oil well on north section, 200’ “no structure” buffer, balance of surface to be released. Net land is ±±5.2 acres. Priced at $800,000. Any mid or high density uses will be deed restricted out. Suited for storage, flex, etc..

  • Listing ID: 32551247

  • Date on Market: 7/23/2024

  • Last Updated:

  • Address: 620 Graham Drive, Sherman, TX 75092

Link copied
Your LoopNet account has been created!

Please Share Your Feedback

We welcome any feedback on how we can improve LoopNet to better serve your needs.
X
{{ getErrorText(feedbackForm.starRating, "rating") }}
255 character limit ({{ remainingChars() }} charactercharacters remainingover)
{{ getErrorText(feedbackForm.msg, "rating") }}
{{ getErrorText(feedbackForm.fname, "first name") }}
{{ getErrorText(feedbackForm.lname, "last name") }}
{{ getErrorText(feedbackForm.phone, "phone number") }}
{{ getErrorText(feedbackForm.phonex, "phone extension") }}
{{ getErrorText(feedbackForm.email, "email address") }}