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4528 N Travis St - Sherman Multifamily Site - 31 AC
30.89 Acres of Commercial Land in Sherman, TX 75092
Investment Highlights
- Multifamily and/or Build-to-Rent Development Site in Sherman, TX
- Strategic Accessibility
- Proximity to Major Semiconductor Investments
Property Facts
| Sale Type | Investment | Property Subtype | Commercial |
| No. Lots | 1 | Total Lot Size | 30.89 AC |
| Property Type | Land | Opportunity Zone |
Yes
|
| Sale Type | Investment |
| No. Lots | 1 |
| Property Type | Land |
| Property Subtype | Commercial |
| Total Lot Size | 30.89 AC |
| Opportunity Zone |
Yes |
1 Lot Available
Lot
| Lot Size | 30.89 AC |
| Lot Size | 30.89 AC |
Description
Property Information Linked Here: http://properties.greysteel.com/1434002-sale MULTIFAMILY AND/OR BUILD-TO-RENT DEVELOPMENT SITE IN SHERMAN, TX Situated on approximately 30.892 acres in Sherman, Texas, this multifamily development site offers a strategic position within a rapidly growing region. The property is in the process of rezoning to MF-15, which will allow a variety of multifamily residential uses including garden-style multifamily and single family build-to-rent development. With maximum density for MF-15 limited to 15 units per acre, this site can yield up to 463 units. PROXIMITY TO MAJOR SEMICONDUCTOR INVESTMENTS The site is located minutes from significant semiconductor manufacturing facilities, including Texas Instruments’ $30 billion investment in new wafer fabrication plants and GlobiTech’s $5 billion expansion, collectively expected to create over 3,500 direct, high-paying jobs to the immediate area along with thousands more of indirect jobs in construction, supply chain, and supporting industries. STRATEGIC ACCESSIBILITY The site benefits from excellent connectivity via major highways. Located just north of US Highway 82 and west of US Highway 75, the property offers convenient access to key employment centers, retail hubs, and recreational amenities.
zoning
| Zoning Code | R-A (MF-15 Pending) |
| R-A (MF-15 Pending) |
Presented by
4528 N Travis St - Sherman Multifamily Site - 31 AC
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