4381 N Loy Lake Rd - Commercial LAND FOR SALE


Sherman, TX 75092 1,001,880 SF
$10,031,868 USD
903-814-7273
4381 N Loy Lake Rd, Sherman, TX for Sale
$10,031,868 USD
Commercial LAND - FOR SALE
1/13
1,001,880 SF

4381 N Loy Lake Rd
Sherman, TX 75092


HIGHLIGHTS

  • 1,800' of Frontage Along Loy Lake Rd & 1,825' Along US 75

OVERVIEW

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. A gravity sewer main runs along the north side of the property. A 12" water main runs along Hwy 75. 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. 822' of frontage along Loy Lake Rd & 1,198' along US 75.

FOR SALE DETAILS

PRICE

$10,031,868 USD

PRICE/ACRE

$436,168/AC

PRICE/SF

$10 USD /SF

# OF LOTS

-

LAND DETAILS

PROPERTY TYPE

Land

PROPERTY SUBTYPE

Commercial

LAND PROPOSED USE

Commercial, Retail, Restaurant

LAND ACRES

23 AC

LAND SF

1,001,880 SF

OFFSITE IMPROVEMENTS

Sewer, Water, Electricity, Streets, Cable

ZONING

Residential R-6

APN/PARCEL ID

115713,115717

ASK ABOUT THIS PROPERTY

Robin PhillipsParagon RealtorsMore Info
903-814-7273

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Robin PhillipsParagon RealtorsMore Info
903-814-7273

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