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606.51 Acres

606.51 Acres of Commercial Land Offered at $18,900,000 in Sherman, TX 75090

Commercial Land Texas Sherman 606.51 Acres, Sherman, TX 75090

Investment Highlights

  • Land is 5 miles from US Hwy 75, Hwy 82 and downtown Sherman
  • Agriculturally Assessed
  • 11,000+ft of road frontage

Executive Summary

Rare opportunity to own 606.5 acres in Sherman, TX located within 5 miles of US Hwy 75, Hwy 82 and downtown Sherman. This site has approximately 11,000ft of road frontage and borders three road: FM 697 on two sides, JP Cave Rd and Independence Springs. There is gentle topography on the majority of the property and some flood plain located along the southern border. This land is located in Sherman ISD and is partially in Sherman's ETJ and partially in the County. There are minimal easements on the property, and it is agriculturally assessed. The land is partially in Pink Hill water CCN and partially in Sherman's water CCN and fully in Sherman's sewer CCN. Water and sewer are roughly 2 miles to the west.

Attachments

606.5 AC - FM-697 - Sherman, TX - Flyer
606 Acres

Property Facts Under Contract

Price $18,900,000 Property Subtype Commercial
Sale Type Investment Proposed Use
Commercial
  • Hold For Development
  • Hold For Investment
  • Single Family Development
No. Lots 1 Total Lot Size 606.51 AC
Property Type Land
Price $18,900,000
Sale Type Investment
No. Lots 1
Property Type Land
Property Subtype Commercial
Proposed Use
Commercial
  • Hold For Development
  • Hold For Investment
  • Single Family Development
Total Lot Size 606.51 AC

1 Lot Available

Lot

Price $18,900,000 Lot Size 606.51 AC
Price Per AC $31,162
Price $18,900,000
Price Per AC $31,162
Lot Size 606.51 AC

Rare opportunity to own 606.5 acres in Sherman, TX located within 5 miles of US Hwy 75, Hwy 82 and downtown Sherman.

Description

Rare opportunity to own 606.5 acres in Sherman, TX located within 5 miles of US Hwy 75, Hwy 82 and downtown Sherman. This site has approximately 11,000ft of road frontage and borders three road: FM 697 on two sides, JP Cave Rd and Independence Springs. There is gentle topography on the majority of the property and some flood plain located on the very south side of the property along the southern border. This land is located in Sherman ISD and is partially in Sherman's ETJ and partially in the County. There are minimal easements on the property, and it is agriculturally assessed. The land is partially in Pink Hill water CCN and partially in Sherman's water CCN and fully in Sherman's sewer CCN. Water and sewer are roughly 2 miles to the west. The nearest address you can search in GPS to find this location is 2773 FM 697 SHERMAN, TX. Driving north on Hwy 11, turn east onto FM 697 and drive for about two miles and the property will be on the north and south side of the road. See attachments for the flyer which will show you the site.

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PROPERTY TAXES

Parcel Numbers
Multiple
  • 125954
  • 125923
  • 122075
  • 122309
  • 125933
  • 125906
  • 125913
  • 391296
  • 272290
  • 125928
  • 122076
  • 125926
  • 122079
 Improvements Assessment $0
Land Assessment $31,332 Total Assessment $31,332

PROPERTY TAXES

Parcel Numbers
Multiple
  • 125954
  • 125923
  • 122075
  • 122309
  • 125933
  • 125906
  • 125913
  • 391296
  • 272290
  • 125928
  • 122076
  • 125926
  • 122079
Land Assessment
$31,332
Improvements Assessment
$0
Total Assessment
$31,332

zoning

Zoning Code No zoning (Located in ETJ and County- no zoning in place.)
No zoning (Located in ETJ and County- no zoning in place.)
(903) 267-1573

Contact

  • Terrin Bertholf
    Terrin Bertholf
  • Bertholf Commercial Real Estate

  • Listing ID: 32783792

  • Date on Market: 8/13/2024

  • Last Updated:

  • Address: 606.51 Acres, Sherman, TX 75090

More public record information on 606.51 Acres, Sherman, TX 75090

The Land Property at 606.51 Acres, Sherman, TX 75090 is currently available for sale. Contact Bertholf Commercial Real Estate for more information.

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606.51 Acres
(903) 267-1573 x

606.51 Acres

Terrin Bertholf

(903) 267-1573

(903) 267-1573

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