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594 Biggerstaff Rd - 58+/- Acres | Investment Tract | Sherman, TX 58.01 Acres of Agricultural Land Offered at $2,664,862 CAD in Sherman, TX 75090
Investment Highlights
- Located just east of US-75 via Shepherd Road and Tate Circle, the Site is within minutes of Texas Instruments’ 1,200-acre semiconductor mega-site.
- Tate Circle is to be expanded and align with the south side of the Site per the City’s future roadway plan.
- The Site is within the Sherman Extraterritorial Jurisdiction (ETJ), allowing for a variety of potential uses as there is no restrictive zoning.
- Within the ETJ of Sherman (approximately 60 miles north of Dallas) which provides flexibility and a lower cost basis.
- The City just approved Sherman Lakes, a mixed residential housing development featuring single family and townhomes less than a mile west of the Site.
Executive Summary
Vanguard Real Estate Advisors (“VREA”) has been exclusively retained by Ownership to offer the opportunity to purchase a 58.01+/- acre tract located at 594 Biggerstaff Road in the Sherman, TX ETJ (the “Site”). Currently, the Site has several improvements such as a 1,200 SF metal building on a concrete slab with water and electrical service. There is also a small portable storage building. These improvements with an agricultural exemption make this the perfect investment tract located in the path of growth.
The Site is within Sherman’s ETJ, allowing a variety of potential uses for a new owner. Approximately a mile west of the Site is the location of Texas Instruments' new assembly plant, one of the key drivers for the region’s economic growth. This well-located Property is being offered at the low price of $33,000 per acre which equates to $1,914,330 total.
A 3% co-broker fee is available to a Co-Broker that sources a principal that VREA has not previously contacted in any format or sent any information regarding this opportunity. Please contact VREA for additional information.
The Site is within Sherman’s ETJ, allowing a variety of potential uses for a new owner. Approximately a mile west of the Site is the location of Texas Instruments' new assembly plant, one of the key drivers for the region’s economic growth. This well-located Property is being offered at the low price of $33,000 per acre which equates to $1,914,330 total.
A 3% co-broker fee is available to a Co-Broker that sources a principal that VREA has not previously contacted in any format or sent any information regarding this opportunity. Please contact VREA for additional information.
Property Facts
| Price | $2,664,862 CAD | Property Type | Land |
| Sale Type | Investment | Property Subtype | Agricultural |
| No. Lots | 1 | Total Lot Size | 58.01 AC |
| Zoning | Sherman ETJ | ||
| Price | $2,664,862 CAD |
| Sale Type | Investment |
| No. Lots | 1 |
| Property Type | Land |
| Property Subtype | Agricultural |
| Total Lot Size | 58.01 AC |
| Zoning | Sherman ETJ |
1 Lot Available
Lot
| Price | $2,664,862 CAD | Lot Size | 58.01 AC |
| Price Per AC | $45,937.98 CAD |
| Price | $2,664,862 CAD |
| Price Per AC | $45,937.98 CAD |
| Lot Size | 58.01 AC |
1 1
Not walkable
10/100
Exceptionally drivable
100/100
Somewhat bikeable
30/100
Contacts
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Jordan Cortez -
Will Droese -
Mason John -
Reid Pierce -
Haley Birmingham -
Alex Johnson -
Justin Tidwell -
Vanguard Real Estate Advisors
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594 Biggerstaff Rd - 58+/- Acres | Investment Tract | Sherman, TX
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