TBD 50.574-Acres W Center Street, Sherman, Texas, 75090

Listed by Bertholf Commercial Real Estate, Terrin Bertholf, 903-267-1573
$4,500,000
50.57 Acres
#21427752
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.

PROPERTY FEATURES

  • Vegetation : Partially Wooded,Wooded
  • Utilities : City Sewer,City Water,Co-op Electric
  • Easements : Access,Electric
  • Fencing : Barbed Wire
  • Lot Features : Acreage
  • Road Surface Type : Concrete
  • Road Frontage Type : City Street
  • Current Use : Agricultural
  • Possible Use : Commercial,Mixed Use,Residential,Single Family
  • Zoning Description : C-1 Commercial and R-6 Residential
  • Title Company Preferred: Red River Title
PROPERTY DETAILS
ID: 21427752
Status: Active
Price: $4,500,000
Acres: 50.57 Acres
Price Per Acre: $88,979
Type: Lot and Land
Address: TBD 50.574-Acres W Center Street
City, State: Sherman, Texas
County: Grayson
Zip Code: 75090
Lat/Long: 33.617672, -96.639705
Presented By: Terrin Bertholf
Phone: 903-267-1573
Email: Click to Contact