For Sale
$1,960,200

1530 Texoma Pkwy Sherman, TX 75090

3+ Acres, Hwy 75 Access, High Traffic

Overview

Added:
Dec 11, 2024
Days on market:
133
This exceptional 3-acre mixed-use property in Sherman, Texas, presents a compelling investment opportunity. Located at 1530 Texoma Pkwy, 75090, this strategically positioned land boasts high traffic counts and easy access to Highway 75, ensuring excellent visibility and accessibility. The property is zoned Multi-Family (MF-30), offering flexibility for various development scenarios. All utilities are readily available. The current structures can be removed, or incorporated into a redevelopment project, at the seller's discretion. The seller is also open to dividing the property, potentially selling the frontage for commercial use (retail/restaurant) and the rear for multi-family development, aligning with the city's vision for the area. This location benefits from its proximity to major employers, including Texas Instruments and GlobiTech, whose multi-billion dollar expansions are approximately 5 miles away, further enhancing the property's long-term potential. This prime location within a thriving residential and commercial area makes this a truly unique opportunity. The asking price is $1,960,200.

Highlights

  • $1,960,200 asking price.
  • High traffic volume and excellent visibility.
  • Easy access to Highway 75.
  • All utilities available on-site.
  • 3-acre parcel.
  • Multi-Family (MF-30) zoning.

Property Details for 1530 Texoma Pkwy

Property type
Mixed-use properties, Land
Lot Size (sq. ft)
130,680 SF

Location Insight

City
Sherman
County
Grayson
State
Texas
Latitude
33.6519477
Longitude
-96.6095731

FAQs

What type of property is this?
Mixed-use property - 3+ Acres, Hwy 75 Access, High Traffic
Where is the mixed-use property located?
The property is located at 1530 Texoma Pkwy Sherman, TX.
What is the asking price?
The asking price for this property is $1,960,200.
What are key features of this property?
This property features: $1,960,200 asking price.; High traffic volume and excellent visibility.; Easy access to Highway 75.
How can I contact the broker?
We strongly encourage to message the broker through our portal by clicking on the “Envelope” icon next to the brokers photo on the property page. We’ve found brokers response time is much quicker via our messaging portal than phone as brokers are always on the go.
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1530 Texoma Pkwy
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