Strategic Location

For Sale

Strategic Location

$4,744,437 Sherman, Texas 75092
  • 35 Acres

Property Description

This unique property consisting of 34.93 acres and improvements is strategically located for present and future growth of Sherman and Grayson County. This property is under two tax ID number, and the tracts are contiguous

The first being 12.62 acres is defined as auto-Urban Commercial", zoned M-1 and is within the Sherman City limits. There is an agricultural exemption in place. The property has approximately 926' of frontage on Heritage Parkway or FM HWY 1417, and 529' of frontage on Farmington Road.

The second tract consists of 22.31 acres. It is not located within the Sherman City limits and is unzoned with 1,328' of frontage on Old Dorchester Road. Here you will find three attractive metal buildings connected with a breezeway. Two of the buildings each have each has approximately 3,315 sq. ft. In these two buildings you will find 8 classrooms, office space, numerous restrooms, etc. The third building has approximately 1,230 sf ft. which is a cafeteria area, kitchen, and two restrooms.

In addition, there is an open covered pavilion with concrete floor.

Neither of the two tracts are located within a determined floodplain according to FEMA mapping. There is a gas easement across the southern border of the property along Old Dorchester Road, and a waterline easement running the entire frontage of Heritage Parkway.

The property is located at a strategic location for present and future growth of Sherman and Grayson County. It is located near US HWY 75, US HWY 82, and State HWY 289. The Sherman area along with Grayson County is a diversified economy which includes a mix of retail, manufacturing, and office.

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