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4379-4381 N Loy Lake Rd 6.6 - 23 Acre Commercial Land Lots Offered at $5,015,828 - $6,991,760 CAD Per Lot in Sherman, TX 75092

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INVESTMENT HIGHLIGHTS

  • 1,800' of Frontage Along Loy Lake Rd & 1,825' Along US 75

EXECUTIVE SUMMARY

Opportunity Zone! 6.6-23 acres - 1,100' of frontage along Loy Lake Rd & 1,825' along US 75. All city utilities and fiber optics are available at site. 6.64 acres - 700' of frontage on US Hwy 75. Subject property is open and affords great visibility. Will divide. Property includes a well built custom home that could be converted into commercial use.

ATTACHMENTS

Fincher Survey

PROPERTY FACTS

Price $5,015,828 - $12,007,588 CAD
Sale Type Investment
No. Lots 2
Property Type Land
Property Subtype Commercial
Proposed Use
Commercial
  • Retail
  • Restaurant
Total Lot Size 29.60 AC
No. Stories 1
Opportunity Zone Yes
Zoning Commercial - Commercial Imp

2 LOTS AVAILABLE

Lot Fincher

Price $6,991,760 CAD
Price Per AC $303,989.58 CAD
Lot Size 23.00 AC

Tract 1 - 23 AC - $5.00/SF 1,100' of frontage along Loy Lake Rd & 1,825' along US 75.

Lot Nechamkin

Price $5,015,828 CAD
Price Per AC $759,973.98 CAD
Lot Size 6.60 AC

Tract 2 - 6.64 AC - $12.50/SF 700' of frontage on US Hwy 75.

DESCRIPTION

Opportunity Zone! 30 acres - 1,800' of frontage along Loy Lake Rd & 1,825' along US 75. All city utilities and fiber optics are available at site. Subject property is open and affords panoramic visibility of US HWY 75. This property is a direct extension for retail expansion to the North. Property lies between two major arteries Loy Lake Rd on the Western Boundary and South Bound service road of US HWY 75 on its Eastern Boundary. Property includes a well built custom home that could be converted into commercial use.

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
115714
Land Assessment
$1,522,329 CAD
Improvements Assessment
$0 CAD
Total Assessment
$1,522,329 CAD
  • Listing ID: 22556849

  • Date on Market: 2021-03-24

  • Last Updated:

  • Address: 4379-4381 N Loy Lake Rd, Sherman, TX 75092

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