This feature is unavailable at the moment.
We apologize, but the feature you are trying to access is currently unavailable. We are aware of this issue and our team is working hard to resolve the matter.
Please check back in a few minutes. We apologize for the inconvenience.
- LoopNet Team
TX-56
Southmayd, TX 76268
19.36+/- Acres Southmayd, TX (Sherman Metro) · Land For Sale
·
19.36 AC
INVESTMENT HIGHLIGHTS
- The Site has frontage on State Highway 56, a major east-west thoroughfare.
- The Site is also less than a mile east of the future Grayson County Tollway expansion.
- According to the U.S. Census Bureau, as of July 1, 2024, Grayson County, Texas, has an estimated population of 150,532.
- The Site is located four miles west of Preston Road, connecting the Site to the Dallas-Fort Worth metroplex.
- The Site's zoning allows for both residential and commercial uses.
- The Sherman-Denison MSA will be home to both the Texas Instruments and GlobiTech semiconductor chip facilities creating approximately 4,500 new jobs.
PROPERTY FACTS
| Property Type | Land | Proposed Use | Commercial |
| Property Subtype | Commercial | Total Lot Size | 19.36 AC |
| Zoning | C-2, SF-2, SF-E - Commercial / Single Family | ||
| Property Type | Land |
| Property Subtype | Commercial |
| Proposed Use | Commercial |
| Total Lot Size | 19.36 AC |
| Zoning | C-2, SF-2, SF-E - Commercial / Single Family |
DESCRIPTION
Vanguard Real Estate Advisors (“VREA”) has been exclusively retained by Ownership to offer investors and developers the opportunity to purchase 19.36+/- acres (the “Site”) located along State Highway 56 in Southmayd, Texas. Located within the City of Southmayd, the Site is zoned for both commercial and residential development allowing for a variety of uses, such as single family, commercial, retail, and more. The Site is situated less than a mile east of the future Grayson County Tollway expansion and only 4 miles west of Preston Road. At $34,866 per acre, this is an excellent value for a well-positioned site in a growing north Texas market. A 2.5% co-broker fee is available to a Broker that sources a Principal that VREA has not previously contacted in any format or sent information to regarding this opportunity; a third party broker must register their client upon initial contact with VREA.
PROPERTY TAXES
| Parcel Number | 171649 | Improvements Assessment | $0 |
| Land Assessment | $523 | Total Assessment | $523 |
PROPERTY TAXES
