Tbd E Peyton St Unit 15.125 acres, Sherman, TX 75090
- $2,999,000
- List Price
- $2,999,000
- Price Change
- ▲ $1,500 1780890999
- MLS#
- 20999758
- Status
- ACTIVE
- Type
- Land
- Subtype
- Land
- Acres
- 15.13
- County
- Grayson
- City
- Sherman
- Subdivision
- MCANAIR J B
Property Description
This exceptional 15.125 acre Development Site within an OPPORTUNITY ZONE, in Sherman, TX is zoned MF-30 and fully approved by the City for a 300-unit multifamily community. A rare, shovel-ready opportunity, the property consists of four contiguous parcels with all utilities available. Ideal for high-density multifamily, build-to-rent (BTR), townhomes, or duplexes, or would make a great affordable housing site. The mostly flat topography is lined with mature trees for privacy, and a narrow floodplain separates the site, making it ideal for blending multiple product types or developing a unified large-scale complex. Survey, Topo, Phase I Environmental reports, and a conceptual engineering MF and Townhome Site Plan. Located only a half mile from US-75 and US-82, this premier site offers exceptional access, visibility, and long-term growth potential. Ag Exempt.
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Additional Information
- Unexempt Taxes
- $6
- Lot Size
- 658,845
- Acres
- 15.13
- Lot Description
- Cleared, City Lot
- School District
- Sherman Isd
- Elementary School
- Dillingham
- Middle School
- Sherman
- High School
- Sherman
- Possession
- CloseOfEscrow
- Proposed Use
- Agricultural, Commercial, Development, Industrial, Investment, Multi-Family, Mixed Use, Pasture, Residential, Recreational, Unimproved, Vacant, Warehouse
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Listing courtesy of Brian Abadie from Ready Real Estate LLC. Contact: 214-937-9761