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NWC of Loy Lake Road - Sherman 67 Development Site
67.2 Acres of Commercial Land in Sherman, TX 75092
Executive Summary
Property Facts
| Sale Type | Investment | Proposed Use | Single Family Residence |
| No. Lots | 1 | Total Lot Size | 67.20 AC |
| Property Type | Land | Cross Streets | Kerr Chapel Road |
| Property Subtype | Commercial | Opportunity Zone |
Yes
|
| Sale Type | Investment |
| No. Lots | 1 |
| Property Type | Land |
| Property Subtype | Commercial |
| Proposed Use | Single Family Residence |
| Total Lot Size | 67.20 AC |
| Cross Streets | Kerr Chapel Road |
| Opportunity Zone |
Yes |
1 Lot Available
Lot
| Lot Size | 67.20 AC |
| Lot Size | 67.20 AC |
Description
Northmarq is pleased to present Sherman 67 Development Site, (the “Property”), a +/- 67.2-acre development opportunity located at the NWC of Loy Lake & Kerr Chapel Road in Sherman, Texas. Sherman is the County Seat of Grayson County, one of the fastest growing counties in Texas. The Site’s proximity to Collin County, the economic powerhouse immediately to the south that includes booming markets like Frisco, Prosper, Celina, McKinney, and Plano, positions it perfectly to capture the northward expansion of the DFW metroplex. The Property benefits from exceptional regional connectivity via US Highway 75, a six-lane freeway providing direct access to the heart of Dallas, with additional accessibility forthcoming through the $315 million Dallas North Tollway extension to Denison. Sherman, Texas offers an affordable, high quality of life with a strong sense of community and abundant recreational activities. Coupled with Sherman’s business-friendly environment and massive inbound investments from semiconductor giants like Texas Instruments and GlobalWafers, Sherman 67 Development Site allows a developer to strategically capitalize on the increasing need for housing in one of North Texas’ most promising growth corridors.
PROPERTY TAXES
| Parcel Number | 115679 | Improvements Assessment | $9,704 |
| Land Assessment | $9,662 | Total Assessment | $19,366 |
PROPERTY TAXES
zoning
| Zoning Code | ETJ |
| ETJ |
Presented by
NWC of Loy Lake Road - Sherman 67 Development Site
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