58+/- Acres | Investment Tract | Sherman, TX ETJ

Highlights:

• Located just east of US-75 via Shepherd Road and Tate Circle, the Site is within minutes of Texas Instruments’ 1,200-acre semiconductor mega-site.
• Within the ETJ of Sherman (approximately 60 miles north of Dallas) which provides flexibility and a lower cost basis that comes with an unincorporated land position.
• Tate Circle is to be expanded and align with the south side of the Site per the City’s future roadway plan.
• The City just approved Sherman Lakes, a mixed residential housing development featuring single family and townhomes less than a mile west of the Site.
• The Site is within the Sherman Extraterritorial Jurisdiction (ETJ), allowing for a variety of potential uses as there is no restrictive zoning in place.

Description:

Vanguard Real Estate Advisors (“VREA”) has been exclusively retained by Ownership to offer the opportunity to purchase a 58.01+/- acre tract located at 594 Biggerstaff Road in the Sherman, TX ETJ (the “Site”). Currently, the Site has several improvements such as a 1,200 SF metal building on a concrete slab with water and electrical service. There is also a small portable storage building. These improvements with an agricultural exemption make this the perfect investment tract located in the path of growth.

The Site is within Sherman’s ETJ, allowing a variety of potential uses for a new owner. Approximately a mile west of the Site is the location of Texas Instruments' new assembly plant, one of the key drivers for the region’s economic growth. This well-located Property is being offered at the low price of $33,000 per acre which equates to $1,914,330 total.

A 3% co-broker fee is available to a Co-Broker that sources a principal that VREA has not previously contacted in any format or sent any information regarding this opportunity. Please contact VREA for additional information.

Use the following link to access the due diligence vault: https://docsend.com/view/s/izih265y2x7c6jgs

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