4381 N Loy Lake Road, Sherman, Texas, 75092
$10,031,868
3,112 Sqft
23.03 Acres
#21368995
Prime 23-Acre Development Tract with Hwy 75 Frontage – Sherman, Texas Capitalize on the rapid growth of the North Texas, Silicon Prairie, with this premier 23-acre development opportunity. Located within the Sherman city limits and just an hour north of Dallas, this highly visible tract features dual frontage on both U.S. Highway 75 and Loy Lake Road, ensuring maximum exposure and accessible ingress and egress. Strategic Location: Situated in a high-growth corridor just north of Sherman Town Center and the new Courtyard by Marriott. It sits exactly 10 miles north of the massive Texas Instruments and Globiwafer multi-billion dollar manufacturing plants, and 10 miles south of the Oklahoma border. Favorable Zoning & Utilities: Zoned R-6 (Residential) within the City of Sherman, with city utilities available, including a city gravity sewer line on the north side of the property and a 12 inch water line running along hwy 75. 1198' road frontage on Hwy 75 and 822' road frontage along Loy Lake Rd. Maximum Tax Incentives: Positioned within Opportunity Zones 1.0 and 2.0, providing developers and investors with exceptional long-term tax advantages. Ready for Due Diligence: A complete property survey is available upon request to help accelerate your project timeline. Whether you are looking to develop a master-planned residential community, high-density housing, or pursue a commercial variance in a booming submarket, this acreage offers the location, infrastructure, and financial incentives to maximize your return on investment. Contact us today to review the survey and secure this exceptional piece of the Texas growth engine.
PROPERTY FEATURES
- Utilities : City Sewer,City Water,Electricity Connected,Overhead Utilities,Septic
- Utilities : City Sewer,City Water,Electricity Connected,Overhead Utilities,Septic
- Lot Features : Acreage,Many Trees
- Road Frontage Type : City Street,Highway
- Lot Features : Acreage,Many Trees
- Road Frontage Type : City Street,Highway
- Green Verification Count : 0
- Green Verification Count : 0
- Special Notes : Aerial Photo,Survey Available
- Zoning Description : Commercial
- Title Company Preferred: Grayson County Title
- Special Notes : Aerial Photo,Survey Available
- Zoning Description : Commercial
- Title Company Preferred: Grayson County Title
PROPERTY DETAILS
ID: 21368995
Status: Active
Price: $10,031,868
Acres: 23.03 Acres
Price Per Acre: $435,600
Type: Lot and Land
Address: 4381 N Loy Lake Road
City, State: Sherman, Texas
County: Grayson
Zip Code: 75092
Lat/Long: 33.689979, -96.604204
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