UPDATED:
Key Details
Property Type Vacant Land
Sub Type Unimproved Land
Listing Status Active Option Contract
Purchase Type For Sale
Subdivision Jennings Fleming,Mcglothlin
MLS Listing ID 21029390
HOA Y/N None
Lot Size 186.000 Acres
Acres 186.0
Property Sub-Type Unimproved Land
Property Description
This remarkable 186-acre property is the largest contiguous tract of vacant land near the Sherman Central Business District, offering unmatched proximity to retail, dining, entertainment, and major transportation routes. Located just 5 minutes from HIghway 75 and approximately 10 minutes from the heart of Sherman, the site delivers both convenience and privacy.
With its sweeping oak trees, a natural creek, and a tranquill, scenic setting, the land provides an exceptional foundation for residential or multi-family development. The property's versatility also makes it ideal for mixed-use projects, combining residential, retail, and service opportunities in one strategic location.
Boasting approximately 1,592 feet of Highway 82 frontage, this location offers unparalleled visibility--perfect for retailers, restaurants, and service businesses seeking maximum exposure. A recently completed environmental study, including Phase l and Phase ll reports, provides valuable due diligence already in place.
Whether you are seeking a prime 1031 Tax Free Exchange investment, large-scale residential site, or a high-visibility commercial location, this property offers endless possibilities. Its rare size, strategic location, and natural beauty make it a one-of-a-kind opportuntiy in the growing Sherman market.
Location
State TX
County Grayson
Zoning Ag Exempt
Direction While driving north on Highway 75 to Sherman, take a right at the exit that leads to Highway 82 and go east. Take the Skaggs exit and slow down to turn right to enter the front entrance driveway which is a the end of the off-ramp. The address that will be in your GPS is 2800 E. 82, Sherman.
Exterior
Utilities Available All Weather Road, City Sewer, City Water, Electricity Available, Sewer Available
Lot Frontage 1592.0
Garage No
Building
Lot Description Acreage, Agricultural
Schools
Elementary Schools Dillingham
Middle Schools Piner
High Schools Sherman
School District Sherman Isd
Others
Restrictions No Known Restriction(s)
Acceptable Financing 1031 Exchange, Cash, Conventional
Listing Terms 1031 Exchange, Cash, Conventional
Special Listing Condition Aerial Photo, Flood Plain, Phase I Complete, Phase II Complete, Pipeline, Survey Available
Virtual Tour https://www.propertypanorama.com/instaview/ntreis/21029390
NEARBY SCHOOL & BUSINESS
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As a resident of the Lakewood/East Dallas community Marissa can provide personal insight into our neighborhood. As a native of Dallas, Marissa attended SMU to obtain her business degree from the Cox School of Business, after 10 years in corporate America her experience in negotiating with International firms transfers directly into her real estate business. High Integrity, honesty, and a passion for people make working with Marissa a delight. As a by-referral realtor Marissa is 100% committed to you and your real estate goals. Marissa has extensive sales knowledge in various areas of the metroplex including, but not limited to Lakewood, Preston Hollow, Park Cities, Hollywood Heights, M Streets, and Lake Highlands.