Land For Sale • 19.95 AC
Vanguard Real Estate Advisors (“VREA”) has been exclusively retained by Ownership to present qualified builders and developers with the opportunity to purchase 96 engineered 40-foot paper lots (19.95+/- acres) located at 2615 Graystone Drive in Sherman, TX (“the Site”). The Site is centrally located within the Sherman-Denison MSA, less than 1.5 miles east of US Highway 75, less than a 10-minute drive to downtown Sherman, and less than 8 miles north of both the new GlobiTech and Texas Instruments facilities. This represents a great opportunity to acquire a fully engineered single family lot opportunity at an attractive price of only $18,500 per paper lot. A 2.25% 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.
| Located a block East of Texoma Parkway, less than a mile and a half east of US 75, and less than a half mile north of Highway 82. |
| The Site is approximately 2.5 miles east of several retailers and restaurants |
| The Site is zoned R-4, “Patio Home District”, allowing for a minimum of 40’ lots with a minimum square footage of 4,000 square feet. |
| Per the Seller, all civil engineering is approved for 96 forty-foot wide lots. |
| To the best of our knowledge the Site is best suited for for-sale housing or a for-rent community. |