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NWC of Loy Lake Road - Sherman 67 Development Site 67.2 Acres of Commercial Land Offered at $7,815,005 CAD in Sherman, TX 75092
Executive Summary
Property Facts
| Price | $7,815,005 CAD | Proposed Use | Commercial |
| Sale Type | Investment | Total Lot Size | 67.20 AC |
| No. Lots | 1 | Cross Streets | Kerr Chapel Road |
| Property Type | Land | Opportunity Zone |
Yes
|
| Property Subtype | Commercial | ||
| Zoning | ETJ | ||
| Price | $7,815,005 CAD |
| Sale Type | Investment |
| No. Lots | 1 |
| Property Type | Land |
| Property Subtype | Commercial |
| Proposed Use | Commercial |
| Total Lot Size | 67.20 AC |
| Cross Streets | Kerr Chapel Road |
| Opportunity Zone |
Yes |
| Zoning | ETJ |
1 Lot Available
Lot
| Price | $7,815,005 CAD | Lot Size | 67.20 AC |
| Price Per AC | $116,294.72 CAD |
| Price | $7,815,005 CAD |
| Price Per AC | $116,294.72 CAD |
| Lot Size | 67.20 AC |
Description
Northmarq is pleased to present Sherman 67 Development Site, (the “Property”), a +/- 67.2-acre development opportunity located at the NWC of Loy Lake & Kerr Chapel Road in Sherman, Texas. Sherman is the County Seat of Grayson County, one of the fastest growing counties in Texas. The Site’s proximity to Collin County, the economic powerhouse immediately to the south that includes booming markets like Frisco, Prosper, Celina, McKinney, and Plano, positions it perfectly to capture the northward expansion of the DFW metroplex. The Property benefits from exceptional regional connectivity via US Highway 75, a six-lane freeway providing direct access to the heart of Dallas, with additional accessibility forthcoming through the $315 million Dallas North Tollway extension to Denison. Sherman, Texas offers an affordable, high quality of life with a strong sense of community and abundant recreational activities. Coupled with Sherman’s business-friendly environment and massive inbound investments from semiconductor giants like Texas Instruments and GlobalWafers, Sherman 67 Development Site allows a developer to strategically capitalize on the increasing need for housing in one of North Texas’ most promising growth corridors.
Property Taxes
| Parcel Number | 115679 | Improvements Assessment | $13,875 CAD |
| Land Assessment | $13,558 CAD | Total Assessment | $27,434 CAD |
Property Taxes
Presented by
NWC of Loy Lake Road - Sherman 67 Development Site
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