220+/- Acre Development Site
$19,950,000
OB Groner Road, Sherman, TX
220.04 acres
Lot Area
Planned Development
Zoning
Details:
Description:
Vanguard Real Estate Advisors (“VREA”) has been exclusively retained by Ownership to present the opportunity to purchase a 220+/- acre master planned community called Greenway, located along
OB Groner Road in Sherman, TX (“the Site”). The Site is zoned under the Greenway planned development, allowing for a mix of commercial, single family, townhomes, and multifamily. The current
Concept Plan shown on page 3 contemplates 808 residential lots, 773 multifamily units, and 16.4+/- acres of retail space. Ideally located approximately 2 miles west of US Highway 75 and less than a
10-minute drive to the new GlobiTech and Texas Instruments facilities, this is a great opportunity to acquire a Site with high density entitlements in one of the fastest growing markets in North Texas.
Ownership would consider subdividing the Site. One option Ownership would consider is selling the Phase 1, 235 single family units that can currently be served by the existing 12" wastewater line (see Will Serve letter in Due Diligence Vault).
Documents:
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Marketing_Flyer_-_Sherman_220_AC.pdf
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Location
Gallery
