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4379-4381 N Loy Lake Rd

6.6 - 23 Acre Commercial Land Lots Offered at £2,835,039 - £3,951,873 Per Lot in Sherman, TX 75092

Investment Highlights

  • 1,800' of Frontage Along Loy Lake Rd & 1,825' Along US 75

Executive Summary

Opportunity Zone! 6.6-23 acres - 1,100' of frontage along Loy Lake Rd & 1,825' along US 75. All city utilities and fiber optics are available at site. 6.64 acres - 700' of frontage on US Hwy 75. Subject property is open and affords great visibility. Will divide. Property includes a well built custom home that could be converted into commercial use.

Attachments

Fincher Survey

Property Facts

Price £2,835,039 - £6,786,912 Property Subtype Commercial
Sale Type Investment Proposed Use
Commercial
  • Retail
  • Restaurant
No. Lots 2 Total Lot Size 29.60 AC
Property Type Land Opportunity Zone Yes
State officials designate a portion of qualified Census Tracts to be Opportunity Zones. Certain investments in Opportunity Zones may be eligible for preferential tax treatment.
Price £2,835,039 - £6,786,912
Sale Type Investment
No. Lots 2
Property Type Land
Property Subtype Commercial
Proposed Use
Commercial
  • Retail
  • Restaurant
Total Lot Size 29.60 AC
Opportunity Zone Yes
State officials designate a portion of qualified Census Tracts to be Opportunity Zones. Certain investments in Opportunity Zones may be eligible for preferential tax treatment.

2 Lots Available

Lot Fincher

Price £3,951,873 Lot Size 23.00 AC
Price Per AC £171,821
Price £3,951,873
Price Per AC £171,821
Lot Size 23.00 AC

Tract 1 - 23 AC - $5.00/SF 1,100' of frontage along Loy Lake Rd & 1,825' along US 75.

Lot Nechamkin

Price £2,835,039 Lot Size 6.60 AC
Price Per AC £429,551
Price £2,835,039
Price Per AC £429,551
Lot Size 6.60 AC

Tract 2 - 6.64 AC - $12.50/SF 700' of frontage on US Hwy 75.

Description

Opportunity Zone! 30 acres - 1,800' of frontage along Loy Lake Rd & 1,825' along US 75. All city utilities and fiber optics are available at site. Subject property is open and affords panoramic visibility of US HWY 75. This property is a direct extension for retail expansion to the North. Property lies between two major arteries Loy Lake Rd on the Western Boundary and South Bound service road of US HWY 75 on its Eastern Boundary. Property includes a well built custom home that could be converted into commercial use.

Links

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4379-4381 N Loy Lake Rd, Sherman, TX - aerial map view

PROPERTY TAXES

Parcel Number 115714 Improvements Assessment £0
Land Assessment £666,370 Total Assessment £666,370

PROPERTY TAXES

Parcel Number
115714
Land Assessment
£666,370
Improvements Assessment
£0
Total Assessment
£666,370

zoning

Zoning Code Commercial (Commercial Imp)
Commercial (Commercial Imp)
  • Lee Terrell
    Lee Terrell
  • Lee Terrell Real Estate
(903) 815-1299

  • Listing ID: 22556849

  • Date on Market: 24/03/2021

  • Last Updated:

  • Address: 4379-4381 N Loy Lake Rd, Sherman, TX 75092

The Land Property at 4379-4381 N Loy Lake Rd, Sherman, TX 75092 is currently available For Sale. Contact Lee Terrell Real Estate for more information.

Nearby Listings

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4379-4381 N Loy Lake Rd, Sherman, TX for sale Building Photo- Image 1 of 12
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4379-4381 N Loy Lake Rd, Sherman, TX for sale Building Photo- Image 2 of 11
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4379-4381 N Loy Lake Rd, Sherman, TX for sale Aerial- Image 3 of 11
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4379-4381 N Loy Lake Rd, Sherman, TX for sale Building Photo- Image 4 of 11
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4379-4381 N Loy Lake Rd, Sherman, TX for sale Building Photo- Image 5 of 11
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4379-4381 N Loy Lake Rd, Sherman, TX for sale Building Photo- Image 6 of 11
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4379-4381 N Loy Lake Rd, Sherman, TX for sale Building Photo- Image 7 of 11
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4379-4381 N Loy Lake Rd, Sherman, TX for sale Building Photo- Image 8 of 11
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4379-4381 N Loy Lake Rd, Sherman, TX for sale Other- Image 9 of 11
Nechamkin Survey
4379-4381 N Loy Lake Rd, Sherman, TX for sale Building Photo- Image 10 of 11
Fincher Survey

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4379-4381 N Loy Lake Rd
(903) 815-1299 x

4379-4381 N Loy Lake Rd

Lee Terrell

(903) 815-1299

(903) 815-1299

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