6412 Us-75Sherman, TX 75090

For Sale
Call for price

Prime 54-acre tract, ideal for multifamily & retail development.

Overview

Added:
Dec 11, 2024
Days on market:
93
This exceptional 54.38-acre mixed-use land parcel presents a remarkable investment opportunity in Sherman, Texas. Strategically located on US-75N, this property boasts high visibility and convenient access to major transportation routes. The site is zoned for both retail (14.49 acres designated as C1 Retail Business District) and multifamily residential development (39.04 acres designated as R-2 Multi-Family Residential), offering flexibility for a diverse range of projects. The area is experiencing significant growth, with over eight active single-family and multi-family developments currently underway, indicating a strong and expanding market. This property benefits from its location within the City of Sherman and Howe ISD. A key advantage is its proximity to the future site of the substantial 30-billion-dollar Texas Instruments semiconductor fabrication plant, promising long-term economic growth and increased demand for housing and commercial spaces. All utilities are either on-site or readily accessible, simplifying development plans and reducing infrastructure costs. This presents a unique chance to capitalize on the burgeoning Sherman market and the immense potential spurred by the upcoming Texas Instruments facility. The property's size and zoning make it suitable for a large-scale development project, offering significant returns for investors seeking a prime location in a rapidly developing area. The address is 6412 US-75, Sherman, TX 75090.

Highlights

  • 54.38-acre mixed-use land parcel in Sherman, TX, on US-75N with high visibility.
  • Zoned for retail (14.49 acres C1) and multifamily residential (39.04 acres R-2).
  • Located near the future Texas Instruments semiconductor plant and multiple active developments.
  • All utilities available; City of Sherman & Howe ISD.
  • Address: 6412 US-75, Sherman, TX 75090.

Property Details for 6412 Us-75

Property type
Other retail properties, Multifamily properties
Lot Size (sq. ft)
2,368,793 SF

Location Insight

City
Sherman
County
Grayson
State
Texas
Latitude
33.560997329634
Longitude
-96.604018847709
6412 Us-75, Sherman, Texas

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6412 Us-75
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