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Nick Van Der Gaast

nick@nicksellsdfw.com +1(817) 307-6521

$4,500,000

Est. payment - /mo

50.57 Acres Lot

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Key Details

Property Type Vacant Land

Sub Type Unimproved Land

Listing Status Active

Purchase Type For Sale

Subdivision G-0625 Jones Elizabeth A-G0625, Acres 49.8

MLS Listing ID 21427752

HOA Y/N None

Annual Tax Amount $33

Lot Size 50.574 Acres

Acres 50.574

Property Sub-Type Unimproved Land

Property Description

This 50.574-acre tract offers a rare large-acreage opportunity inside the city of Sherman, with 548 feet of frontage on W. Center Street. The property carries split C-1 Retail Business and R-6 Single-Family Residential zoning, allowing for commercial development along the frontage with residential or mixed-use development behind it. A proposed 60-foot dedicated access easement from FM 1417 (Heritage Parkway) would provide an additional entry from Sherman's premier growth corridor. City utilities are already on site, including an 8-inch water line and a 12-inch sewer line, and no portion of the site lies within the floodplain. The east boundary adjoins Herman Baker Park, giving the property direct access to the park and its walking trail system, which is a strong amenity for a residential or mixed-use plan. Silverton Drive and Southridge Lane both dead-end at the southern property line, allowing for easy tie in. Multifamily and single-family developments adjoin the tract. The site is located within 1.6 miles of Sherman High School, Texoma Christian School, Inspire Academy, Highway 75 (58,000 VPD), and Stone Creek Golf Course, and within 4 miles of Sherman Town Center, Highway 82 (31,000 VPD), and the Global Wafers facility. A current boundary survey is available.

Location

State TX

County Grayson

Zoning C-1 Commercial and R-6 Residential

Direction From US 75 northbound, take exit 57 and turn left onto FM 1417. Continue straight for 4 miles, then turn right on Center Street. The property will be on your right.

Exterior

Fence Barbed Wire

Utilities Available City Sewer, City Water, Co-op Electric

Street Surface Concrete

Lot Frontage 448.0

Garage No

Building

Lot Description Acreage

Schools

Elementary Schools Henry W Sory

Middle Schools Piner

High Schools Sherman

School District Sherman Isd

Others

Restrictions None

Virtual Tour https://www.propertypanorama.com/instaview/ntreis/21427752

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North Texas Real Estate Info Systems (NTREIS) -MetroTex and Collin County (CCAR)

Listed by Terrin Bertholf • Bertholf Commercial Real Estate

Nearby School & Business

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Nick Van Der Gaast

+1(817) 307-6521

Agent License ID: 0698764

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TBD 50.574-Acres W Center Street Sherman, TX 75090

Nick Van Der Gaast

Key Details

Location

Exterior

Building

Schools

Others

Nearby School & Business

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