19.36+/- Acres Southmayd, TX (Sherman Metro)
$675,000
Tx 56, Southmayd, TX 76268
19.36 acres
Lot Area
C-2, SF-2, SF-E
Zoning
Details:
Highlights:
- The Site has frontage on State Highway 56, a major east-west thoroughfare.
- The Site is located four miles west of Preston Road, connecting the Site to the Dallas-Fort Worth metroplex.
- The Site is also less than a mile east of the future Grayson County Tollway expansion.
- The Site is zoned C-2 allowing for commercial uses such as Grocery Store, RV Park, etc. SF-E which allows for residential development on a minimum lot size of 35,000 square feet, and SF-2 which allows for residential development on a minimum lot size of 7,200 square feet.
- According to the U.S. Census Bureau, as of July 1, 2024, Grayson County, Texas, has an estimated population of 150,532.
- The Sherman-Denison MSA is the 23rd largest MSA in Texas with an estimated population of over 143,000 in 2022 per the Federal Reserve Economic Data.
- The Sherman-Denison MSA will be home to both the Texas Instruments and GlobiTech semiconductor chip facilities creating approximately 4,500 new jobs in the area.
Description:
Vanguard Real Estate Advisors (“VREA”) has been exclusively retained by Ownership to offer investors and developers the opportunity to purchase 19.36+/- acres (the “Site”) located along State Highway 56 in Southmayd, Texas. Located within the City of Southmayd, the Site is zoned for both commercial and residential development allowing for a variety of uses, such as single family, commercial, retail, and more.
The Site is situated less than a mile east of the future Grayson County Tollway expansion and only 4 miles west of Preston Road. At $34,866 per acre, this is an excellent value for a well-positioned site in a growing north Texas market.
To gain access to the Due Diligence Vault click on the link below:
https://docsend.com/view/s/tfhc7qq9atbw25ik
A 2.5% co-broker fee is available to a Broker that sources a Principal that VREA has not previously contacted in any format or sent information to regarding this opportunity; a third party broker must register their client upon initial contact with VREA.
Documents:
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Marketing_Flyer_-_Southmayd_19.36_Acres.pdf
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Location

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