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Texas Grand Realty
Tbd 50.574-Acres W Center Street, Sherman, TX 75090
- $4,500,000
- List Price
- $4,500,000
- MLS#
- 21427752
- Status
- ACTIVE
- Type
- Land
- Subtype
- Land
- Acres
- 50.57
- County
- Grayson
- City
- Sherman
- Subdivision
- G-0625 JONES ELIZABETH A-G0625, ACRES 49.8
Property Description
This 50.574-acre tract offers a rare large-acreage opportunity inside the city of Sherman, with 548 feet of frontage on W. Center Street. The property carries split C-1 Retail Business and R-6 Single-Family Residential zoning, allowing for commercial development along the frontage with residential or mixed-use development behind it. A proposed 60-foot dedicated access easement from FM 1417 (Heritage Parkway) would provide an additional entry from Sherman’s premier growth corridor. City utilities are already on site, including an 8-inch water line and a 12-inch sewer line, and no portion of the site lies within the floodplain. The east boundary adjoins Herman Baker Park, giving the property direct access to the park and its walking trail system, which is a strong amenity for a residential or mixed-use plan. Silverton Drive and Southridge Lane both dead-end at the southern property line, allowing for easy tie in. Multifamily and single-family developments adjoin the tract. The site is located within 1.6 miles of Sherman High School, Texoma Christian School, Inspire Academy, Highway 75 (58,000 VPD), and Stone Creek Golf Course, and within 4 miles of Sherman Town Center, Highway 82 (31,000 VPD), and the Global Wafers facility. A current boundary survey is available.
Additional Information
- Unexempt Taxes
- $33
- Lot Size
- 2,203,003
- Acres
- 50.57
- Lot Description
- City Lot
- School District
- Sherman Isd
- Elementary School
- Henry W Sory
- Middle School
- Piner
- High School
- Sherman
- Possession
- CloseOfEscrow
- Proposed Use
- Commercial, Mixed Use, Residential, Single Family
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Listing courtesy of Terrin Bertholf from Bertholf Commercial Real Estate. Contact:
Listing provided by North Texas Real Estate Information Systems (NTREIS). Listing data has been deemed reliable but is not guaranteed to be accurate by the MLS.
Last updated: