Property Details:
- County or Parish
- Grayson
- Lot Size
- 10 to < 50 Acres
- Lot Size (Acres)
- 23.0300
- Lot Size Area
- 23.0300
- Lot Size (Square Feet)
- 1003186.8000
- Zoning Description
- Commercial
Interior Information:
- Stories Total
- 1
Exterior Information:
- Lot Features
- Acreage,Many Trees
- Lot Size
- 10 to < 50 Acres
- Acres
- 23.0300
- Waterfront
- No
Commercial Info:
- Building Area Total
- 3112.00
Map
FEMA flood-zone legend
Flood information: FEMA National Flood Hazard Layer (NFHL). Coverage varies; no shading does not mean no flood risk. This map is informational, not an official flood determination for insurance or lending. Verify current maps at the FEMA Map Service Center.
MLS 21368995
4381 N Loy Lake Road
Sherman, Texas
$10,031,868
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Type: Commercial Sale
Year Built: 1976
Remarks: 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.
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Listed by: ROBIN PHILLIPS
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Tony C Hager
Broker
A URT Holdings team member available to help with this property.
- Office: (940) 898-8000 ext. 6000
- Mobile: (940) 597-3006
- broker@urthllc.com
- License #0444321