List Search

OB Groner Road
Sherman, TX 75092

$19,950,000 USD

Land For Sale  •  220.04 AC

Property Details

  • Property Type Land
  • Lot Size 220.04 AC
  • Zoning Planned Development
0 Transit Score
0 Walk Score

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.

Highlights

The Site is situated a quarter mile west of Heritage Parkway (FM 1417), two miles west of US 75, and just over a mile south of Highway 56.
The Site is less than half a mile to Sherman High School which opened in 2021.
Approximately half a mile east of the Site, Brightland Homes is selling homes in their Pebblebrook community up to $419,990.
The Site is approximately 2.5 miles west of the intersection of FM 1417 and US 75 which boasts several retailers and restaurants.
The Site is zoned in the "Greenway" Planned Development (PD – 6690 & 6689).
The permitted uses allowed per the PD Ordinance include: Single Family (40’ lots, 50’ lots & 60’ lots), Townhomes, Multifamily (MF-30), and Commercial

Property Flyers

Jordan Cortez 214-556-1951 Vanguard Real Estate Advisors
Jordan Cortez 214-556-1951 Vanguard Real Estate Advisors