2615 E Graystone Rd - Residential LAND FOR SALE


Sherman, TX 75090 869,022 SF
$1,776,000 USD
214-556-1951
2615 E Graystone Rd, Sherman, TX for Sale
$1,776,000 USD
Residential LAND - FOR SALE
1/3
869,022 SF

2615 E Graystone Rd
Sherman, TX 75090


HIGHLIGHTS

  • Located a block East of Texoma Parkway, less than a mile and a half east of US 75, and less than a half mile north of Highway 82.
  • The Site is approximately 2.5 miles east of several retailers and restaurants such as Walmart, Sam’s Club, Target, Home Depot, and Best Buy.
  • The Site is zoned R-4, “Patio Home District”, allowing for a minimum of 40’ lots with a minimum square footage of 4,000 square feet.
  • Per the Seller, all civil engineering is approved for 96 forty-foot wide lots.
  • To the best of our knowledge the Site is best suited for for-sale housing or a for-rent community.

OVERVIEW

Vanguard Real Estate Advisors (“VREA”) has been exclusively retained by Ownership to present qualified builders and developers with the opportunity to purchase 96 engineered 40-foot paper lots (19.95+/- acres) located at 2615 Graystone Drive in Sherman, TX (“the Site”). The Site is centrally located within the Sherman-Denison MSA, less than 1.5 miles east of US Highway 75, less than a 10-minute drive to downtown Sherman, and less than 8 miles north of both the new GlobiTech and Texas Instruments facilities. This represents a great opportunity to acquire a fully engineered single family lot opportunity at an attractive price of only $18,500 per paper lot. A 2.25% co-broker fee is available to a Broker that sources a Principal that VREA has not previously contacted in any format or sent information to regarding this opportunity; a third party broker must register their client upon initial contact with VREA.

FOR SALE DETAILS

PRICE

$1,776,000 USD

PRICE/ACRE

$89,023/AC

PRICE/SF

$2 USD /SF

# OF LOTS

-

LAND DETAILS

PROPERTY TYPE

Land

PROPERTY SUBTYPE

Residential

LAND PROPOSED USE

Single Family Development, Single Family Residence

LAND ACRES

19.95 AC

LAND SF

869,022 SF

OFFSITE IMPROVEMENTS

Sewer, Water, Electricity

ZONING

R-4

APN/PARCEL ID

118493,204569

ASK ABOUT THIS PROPERTY

Jordan CortezVanguard Real Estate AdvisorsMore Info
214-556-1951

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Jordan CortezVanguard Real Estate AdvisorsMore Info
214-556-1951

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.