TBD 94 Acres US Hwy 82 Sherman Texas

$5,170,000

Description

Incredible investment opportunity: 94+ acres in prime location in one of the fastest growing areas in the US. 12-inch City of Sherman water line along south side of US Hwy 82. This property, located at the major intersection of Hwy 289 and US Hwy 82 and near North Texas Regional Airport, perfect for potential development or investment. Approximately 1,314 ft accessible frontage along US Hwy 82 and 2,203 ft frontage along Naylor Lane offers unparalleled development characteristics. Two parcels are in Sherman city limits. One parcel is in ETJ. All mineral rights reserved by seller. Zone A FEMA floodplain present. Sherman’s robust industrial base includes Texas Instruments, with a $30B expansion of their semiconductor wafer plant underway, Taiwan-based GlobalWafers has announced a new state-of-the-art 300-millimeter silicon wafer factory. Property includes several ponds, mature trees and ag exemption.

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Listing Details

Price:	$5,170,000
Address:	TBD 94 Acres US Hwy 82
City:	Sherman
State:	Texas
Subdivision:	See Exhibit A
MLS:	20265736
Acres:	94.820
Lot Square Feet:	94.820 acres

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© 2024 North Texas Real Estate Information Systems. All rights reserved. Information is deemed reliable, but is not guaranteed accurate by the MLS or NTREIS. The information being provided is for the consumers personal, non-commercial use, and may not be reproduced, redistributed or used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The offer is made only to Participants of the MLS where the listing is filed. Data last updated: Thursday, April 4th, 2024 at 12:39:03 PM.

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Listed by: Kimberly Hudgins from Paragon, Realtors 903-893-8174