Sherman, TX 75092,TBD 148 Acres US Hwy 82 & Lamberth
Sherman, TX 75092,TBD 148 Acres US Hwy 82 & Lamberth
Sherman, TX 75092,TBD 148 Acres US Hwy 82 & Lamberth
Sherman, TX 75092,TBD 148 Acres US Hwy 82 & Lamberth
Sherman, TX 75092,TBD 148 Acres US Hwy 82 & Lamberth
Sherman, TX 75092,TBD 148 Acres US Hwy 82 & Lamberth
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$8,800,000

Est.Price: ?

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Est. payment /mo

148.88 Acres Lot


SOLD DATE : 12/12/2023

Key Details

Property Type Vacant Land

Sub Type Unimproved Land

Listing Status Sold

Purchase Type For Sale

Subdivision G-0087 Burns L G A-G0087

MLS Listing ID 20265819

Sold Date 12/12/23

HOA Y/N None

Lot Size 148.878 Acres

Acres 148.878

Property Description

Incredible development opportunity: 148+ acres in prime location in one of the fastest growing areas in the US. 12-inch City of Sherman water line along US Hwy 82. This property, located near the major intersection of Hwy 289 and US Hwy 82, has close proximity to high-end developments and the North Texas Regional Airport. Approximately 2,122 ft frontage along US Hwy 82 and 2,405 ft frontage along Lamberth offers unparalleled development characteristics. Sherman's robust industrial base includes Texas Instruments, with a $30B expansion of their semiconductor wafer plant underway, Taiwan-based GlobalWafers has announced a new state-of-the-art 300-millimeter silicon wafer factory. Property includes several ponds, mature trees and ag exemption. Sewer located nearby. No flood plain per FEMA flood maps. Lamberth Road is slated as 4 lane thoroughfare in the future. Concept site plan and survey available upon request.

Location

State TX

County Grayson

Zoning Agriculture

Direction Hwy 75 North to Exit 63. Take US 82 West 3.4 miles to Lamberth Rd intersection. Property located at southwest corner of US 82 and Lamberth Rd.

Exterior

Fence Barbed Wire

Utilities Available All Weather Road, Asphalt, City Water, Concrete

Street Surface Asphalt,Concrete

Lot Frontage 2122.0

Garage No

Building

Lot Description Acreage, Agricultural, Corner Lot, Tank/ Pond

Schools

Elementary Schools S And S

Middle Schools S And S

High Schools S And S

School District S And S Cons Isd

Others

Restrictions Pipeline

Ownership Alakai Land & Cattle Company LTD

Acceptable Financing Cash, Conventional

Listing Terms Cash, Conventional

Financing Cash

Special Listing Condition Pipeline, Survey Available

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North Texas Real Estate Info Systems (NTREIS) -MetroTex and Collin County (CCAR)
Listed by Kimberly Hudgins • PARAGON, REALTORS
Bought with Grant Brodeur • Davidson & Bogel Real Estate
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