2800 E 82 HIGHWAY, SHERMAN, TX 75090

Homes for sale in Sherman.

Homes for sale in 75090.


Active

List Price$6,510,000

2800 E 82 Highway

Sherman, TX 75090

Listing Image Listing Image Listing Image Listing Image Listing Image Listing Image Listing Image

Listing #21029390

186

Acres

Lots / Land

Type

About This Property

Prime 186-Acre Development Opportunity Near Sherman CBD This remarkable 186-acre property is the largest contiguous tract of vacant land near the Sherman Central Business District, offering unmatched proximity to retail, dining, entertainment, and major transportation routes. Located just 5 minutes from HIghway 75 and approximately 10 minutes from the heart of Sherman, the site delivers both convenience and privacy. With its sweeping oak trees, a natural creek, and a tranquill, scenic setting, the land provides an exceptional foundation for residential or multi-family development. The property's versatility also makes it ideal for mixed-use projects, combining residential, retail, and service opportunities in one strategic location. Boasting approximately 1,592 feet of Highway 82 frontage, this location offers unparalleled visibility--perfect for retailers, restaurants, and service businesses seeking maximum exposure. A recently completed environmental study, including Phase l and Phase ll reports, provides valuable due diligence already in place. Whether you are seeking a prime 1031 Tax Free Exchange investment, large-scale residential site, or a high-visibility commercial location, this property offers endless possibilities. Its rare size, strategic location, and natural beauty make it a one-of-a-kind opportuntiy in the growing Sherman market.

Property Features

Location Information

County

Grayson

Subdivision

Jennings Fleming, Mcglothlin

Interior Features

Has Fireplace

No

Exterior Features

Utilities

Electricity Available, Sewer Available, Water Available

Possible Best Use

Agricultural, Development

Lot Description

Acreage, Agricultural, City Lot

Zoning

Ag Exempt

Lot Size in Acres

186

Road Description

All Weather Road

Lot Size in Sq. Ft.

8,102,160

Is One Story

No

Current Use

Agricultural

Lot Description

Acreage, Agricultural, City Lot

School

Elementary School District

Sherman ISD

Jr. High School

Piner

Elementary School

Dillingham

High School

Sherman

Additional Information

Property Type

LL

Has a Home Owners Association

No

Property SubType

Unimproved Land

Documents Available

Aerial, Survey

Status

Active

Similar Listings

Mortgage Calculator

$30,402

per month

30 Year Fixed. 3.52% Interest Rate.

Principal + Interest

$23,458

Monthly Tax

$5,425

Monthly Insurance

$1,519

yrs

%

$

$

Based on a fully amortized fixed rate loan. Ask your agent for the tax rates in your area. Insurance estimate is based on an average cost, your final premium cost will be determined by the type of coverage you select. This program only provides an estimate.

Schools

Walk Score

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