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FM 697 - 27.74+/- Acre Investment Tract | Sherman ETJ 27.74 Acres of Agricultural Land Offered at $1,165,080 in Sherman, TX 75090
INVESTMENT HIGHLIGHTS
- The Site is located approximately 2.5 miles east of U.S. Highway 75
- The Site is less than a mile east of State Highway 11 which provides convenient access to downtown Sherman and State Highway 56
- Potential uses for the Site include single family, RV park, manufactured housing, self-storage, and more
- According to the City of Sherman’s Future Thoroughfare Plan, FM 1417 will eventually connect with Leslie Lane to the east of the Site
- The Site is located within the Sherman ETJ, less than a mile from the Sherman city limits
- Agricultural Exemption currently in place
EXECUTIVE SUMMARY
Vanguard Real Estate Advisors has been exclusively retained by Ownership to offer qualified investors and developers the opportunity to purchase 27.74+/- acres located along FM 697 in the Sherman ETJ. Located approximately 2.5 miles east of U.S. Highway 75 and 1 mile east of Highway 11, the Site is well positioned to capitalize on the growth taking place in Grayson County. The Site is located within the Sherman ETJ and is not currently zoned. A variety of potential uses include: single-family, manufactured housing, self-storage, RV park, and more. The Site represents a unique opportunity to take part in the exponential growth currently taking place in Sherman.
A 2.5% co-broker fee is available to a Broker that sources a Principal that Vanguard REA has not previously contacted or sent information to regarding this opportunity.
A 2.5% co-broker fee is available to a Broker that sources a Principal that Vanguard REA has not previously contacted or sent information to regarding this opportunity.
PROPERTY FACTS
| Price | $1,165,080 | Property Subtype | Agricultural |
| Sale Type | Investment | Proposed Use | |
| No. Lots | 1 | Total Lot Size | 27.74 AC |
| Property Type | Land | ||
| Zoning | Sherman ETJ | ||
| Price | $1,165,080 |
| Sale Type | Investment |
| No. Lots | 1 |
| Property Type | Land |
| Property Subtype | Agricultural |
| Proposed Use | |
| Total Lot Size | 27.74 AC |
| Zoning | Sherman ETJ |
1 LOT AVAILABLE
Lot
| Price | $1,165,080 | Lot Size | 27.74 AC |
| Price Per AC | $42,000.00 |
| Price | $1,165,080 |
| Price Per AC | $42,000.00 |
| Lot Size | 27.74 AC |
1 1
PROPERTY TAXES
| Parcel Numbers | Improvements Assessment | $565 | |
| Land Assessment | $832 | Total Assessment | $1,397 |
PROPERTY TAXES
Parcel Numbers
Land Assessment
$832
Improvements Assessment
$565
Total Assessment
$1,397
CONTACTS
-
Jordan Cortez -
Justin Tidwell -
Mason John -
Haley Birmingham -
Will Droese -
Reid Pierce -
Vanguard Real Estate Advisors
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FM 697 - 27.74+/- Acre Investment Tract | Sherman ETJ
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