4381 N Loy Lake Road, Sherman, Texas

$10,031,868

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3,112

Square feet

23.03

Acres

About 4381 N Loy Lake Road

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, with city utilities available, including a city gravity sewer line on the north side of the property and a 12 inch water line running along hwy 75. 1198' road frontage on Hwy 75 and 822' road frontage along Loy Lake Rd. 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.

Features of 4381 N Loy Lake Road

MLS® # 21368995
Price $10,031,868
Square Footage 3,112
Acres 23.03
Year Built 1976
Type Commercial Sale
Sub-Type Unimproved Land
Status Active

Community Information

Address 4381 N Loy Lake Road
Subdivision G-1553
City Sherman
County Grayson
State Texas
Zip Code 75092-6716

Amenities

Utilities City Sewer, City Water, Electricity Connected, Overhead Utilities, Septic
Is Waterfront No
Has Pool No

Interior

Fireplace No
# of Stories 1
Stories 1

Exterior

Lot Description Acreage, Many Trees

Additional Information

Zoning Commercial
Short Sale No
RE / Bank Owned No

Listing Details

AgentRobin Phillips
OfficePARAGON, REALTORS
Contact Info903-893-8174

Listing Map

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