$2,149,875
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28.66 Acres Lot
SOLD DATE : 02/17/2023
Key Details
Property Type Vacant Land
Sub Type Unimproved Land
Listing Status Sold
Purchase Type For Sale
Subdivision None
MLS Listing ID 20101158
Sold Date 02/17/23
HOA Y/N None
Year Built 1982
Annual Tax Amount $7,915
Lot Size 28.665 Acres
Acres 28.665
Property Description
This tract of land is an excellent opportunity in fast growing and desirable West Sherman. This property could be ready for a nice high end home development or most commercial developments and currently active as an automotive salvage and used parts sales yard. Easy access, just west of FM 1417, on State Hwy 56. Nice subdivisions are behind and right across the road. It is right in the middle of the Sherman growth pattern. This lot is over 2000' deep, so many opportunities for various developments, within minutes of Hwy 1417, Hwy 56, Hwy 82 and Hwy 75, retail, medical, dining. Salvage yard used parts shop should be grandfathered, however Buyer and Buyer's agent is responsible to check with the City of Sherman for availability of water, sewer, electric, zoning, road and streets, rollback taxes etc... Seller will not be held responsible for any of this information.
Owner would consider dividing, would also consider owner financing.
Location
State TX
County Grayson
Zoning COMMERICAL ZONED, HIGH END RESIDENTIAL BACKS UP TO PROPERTY
Direction FROM US HWY 75 GO WEST ON HOUSTON JUST PAST FM 1417, SIGN ON NORTH FROM STATE HWY 82 GO SOUTH ON FM 1417 TO HOUSTON STREET EXIT (HWY 56) AND GO EAST PROPERTY ON NORTH LOOK FOR SIGN
Interior
Heating Central, Electric
Cooling Central Air, Electric
Heat Source Central, Electric
Exterior
Fence Chain Link
Utilities Available Asphalt, Cable Available, City Water, Electricity Connected, Individual Water Meter, Natural Gas Available, Septic, Sewer Available
Street Surface Asphalt
Garage No
Building
Lot Description Acreage, Few Trees
Schools
School District Sherman Isd
Others
Restrictions No Known Restriction(s)
Ownership ELLIS
Acceptable Financing 1031 Exchange, Cash, Contact Agent, Conventional, Owner Will Carry
Listing Terms 1031 Exchange, Cash, Contact Agent, Conventional, Owner Will Carry
Financing Cash
Special Listing Condition Aerial Photo, Survey Available, Verify Tax Exemptions
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