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620 Graham Drive - Sherman 2nd Tier Commercial Land

6.98 Acres of Commercial Land Offered at £631,200 in Sherman, TX 75092

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Investment Highlights

Located in exploding Sherman behind Sherman Town Center at NWQ US-75 & US-82
Suited for Storage, Flex, IOS, Light Industrial, but not Multi-Family

6.9882 Acres Gross, 5.2 Acres net of well, rolling, no flood, zoned Commercial, all utilties
Contact Wayne.Burgdorf for PDF brochure

Executive Summary

The Property is located in north central Sherman, which is exploding with growth including a Texas Instruments $30B chip plant expansion, a Globitech $5B silicon wafer plant, and an expanding Apple plant. It is specifically located at the NWQ of US-75 & US-82 behind Sherman Town Center with many anchors and retailers. A 340-Unit apartment complex is under construction to the north. Demos are solid. The site has frontage and access on Graham Drive. No second point of access has been initiated but could likely connect through the Sherman Town Center. 6.9882 Acres per survey, gentle slope, no flood, zoned C-1 Commercial, water & sewer nearby. Active vertical oil well on north section, 200’ “no structure” buffer, balance of surface to be released. Net land is ±±5.2 acres.
Priced at $800,000. Any mid or high density uses will be deed restricted out. Suited for storage, flex, etc..

Property Facts

Price	£631,200	Property Subtype	Commercial
Sale Type	Investment or Owner User	Proposed Use	Commercial Industrial Distribution Garden Centre Hold For Investment Parking Lot Religious Facility Self Storage
No. Lots	1	Total Lot Size	6.98 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	£631,200
Sale Type	Investment or Owner User
No. Lots	1
Property Type	Land
Property Subtype	Commercial
Proposed Use	Commercial Industrial Distribution Garden Centre Hold For Investment Parking Lot Religious Facility Self Storage
Total Lot Size	6.98 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.

1 Lot Available

Lot

Price	£631,200	Lot Size	6.98 AC
Price Per AC	£90,430

Price	£631,200
Price Per AC	£90,430
Lot Size	6.98 AC

Second tier freeway site behind Sherman Town Center. The 6.9882-acre site is suited for storage, flex, or similar development.

Description

The Property is located in north central Sherman, which is exploding with growth including a Texas Instruments $30B chip plant expansion, a Globitech $5B silicon wafer plant, and an expanding Apple plant. It is specifically located at the NWQ of US-75 & US-82 behind Sherman Town Center with many anchors and retailers. A 340-Unit apartment complex is under construction to the north. Demos are solid. The site has frontage and access on Graham Drive. No second point of access has been initiated but could likely connect through the Sherman Town Center. 6.9882 Acres per survey, gentle slope, no flood, zoned C-1 Commercial, water & sewer nearby. Active vertical oil well on north section, 200’ “no structure” buffer, balance of surface to be released. Net land is ±±5.2 acres. Priced at $800,000. Any mid or high density uses will be deed restricted out. Suited for storage, flex, etc..

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620 Graham Drive, Sherman, TX - aerial map view

PROPERTY TAXES

Parcel Numbers	Multiple 264833 264401	Improvements Assessment	£0
Land Assessment	£97,822	Total Assessment	£97,822

PROPERTY TAXES

Parcel Numbers

Multiple

264833
264401

Land Assessment

£97,822

Improvements Assessment

£0

Total Assessment

£97,822

zoning

Zoning Code	C-1 (Commercial)
C-1 (Commercial)

Listing ID: 32551247
Date on Market: 23/07/2024
Last Updated:
Address: 620 Graham Drive, Sherman, TX 75092

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620 Graham Drive, Sherman, TX for sale Aerial- Image 1 of 2 — Sherman Graham Aerial

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