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4381 N Loy Lake Rd 23 Acres of Commercial Land Offered at $13,833,344 CAD in Sherman, TX 75092
Investment Highlights
- 1,800' of Frontage Along Loy Lake Rd & 1,825' Along US 75
Property Facts
| Price | $13,833,344 CAD | Proposed Use | |
| Sale Type | Investment | Total Lot Size | 23.00 AC |
| No. Lots | 1 | No. Stories | 1 |
| Property Type | Land | Opportunity Zone |
Yes
|
| Property Subtype | Commercial | ||
| Zoning | Residential R-6 | ||
| Price | $13,833,344 CAD |
| Sale Type | Investment |
| No. Lots | 1 |
| Property Type | Land |
| Property Subtype | Commercial |
| Proposed Use | |
| Total Lot Size | 23.00 AC |
| No. Stories | 1 |
| Opportunity Zone |
Yes |
| Zoning | Residential R-6 |
1 Lot Available
Lot Fincher
| Price | $13,833,344 CAD | Lot Size | 23.00 AC |
| Price Per AC | $601,449.74 CAD |
| Price | $13,833,344 CAD |
| Price Per AC | $601,449.74 CAD |
| Lot Size | 23.00 AC |
23.03 acres. 2 parcels 115713 13.43 acres and 115717 9.6 acres.
Description
Prime 23-Acre Development Tract with Hwy 75 Frontage – Sherman, Texas Capitalize on the rapid growth of the North Texas, Silicon Prairie, with this premier 23-acre development opportunity. Located within the Sherman city limits and just an hour north of Dallas, this highly visible tract features dual frontage on both U.S. Highway 75 and Loy Lake Road, ensuring maximum exposure and accessible ingress and egress. Strategic Location: Situated in a high-growth corridor just north of Sherman Town Center and the new Courtyard by Marriott. It sits exactly 10 miles north of the massive Texas Instruments and Globiwafer multi-billion dollar manufacturing plants, and 10 miles south of the Oklahoma border. Favorable Zoning & Utilities: Zoned R-6 (Residential) within the City of Sherman. A gravity sewer main runs along the north side of the property. A 12" water main runs along Hwy 75. Maximum Tax Incentives: Positioned within Opportunity Zones 1.0 and 2.0, providing developers and investors with exceptional long-term tax advantages. Ready for Due Diligence: A complete property survey is available upon request to help accelerate your project timeline. Whether you are looking to develop a master-planned residential community, high-density housing, or pursue a commercial variance in a booming submarket, this acreage offers the location, infrastructure, and financial incentives to maximize your return on investment. Contact us today to review the survey and secure this exceptional piece of the Texas growth engine. 822' of frontage along Loy Lake Rd & 1,198' along US 75.
Property Taxes
| Parcel Numbers | Improvements Assessment | $121,915 CAD | |
| Land Assessment | $1,497,104 CAD | Total Assessment | $2,122,008 CAD |
Property Taxes
Presented by
4381 N Loy Lake Rd
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