$4,900,000
For Sale

0 W Travis Street

Sherman, TX 75092
Browse 4 photos
Type:Purchase
Structure:Land
Zone:Residential

Description

Vanguard Real Estate Advisors (“VREA”) has been exclusively retained by Ownership to offer developers and investors the opportunity to purchase a 10.16+- acre zoned multifamily development site located along West Travis Street in Sherman, TX (the “Site”). The zoning allows for 30 units per acre density for up to 304 units.
The Site is accessible via West Travis Street and less than half a mile west of US-75. This intersection boasts multiple national retailers such as Starbucks, McDonald’s, Whataburger, as well as a recently announced future grocery store which will be directly across the street. This offering is exceptionally well-located and is a great opportunity to acquire a zoned multifamily parcel at an attractive price of only $16,118 per developable unit.

  • Property Details
      • Utility FeaturesCity Water, No Sewer
      • Property SubtypeUnimproved Land
      • School DistrictSherman ISD
      • Elementary SchoolCrutchfield
      • Property TypePurchase
      • MLS #20958401
      • MLS #20958401
      • Lot DescriptionAcreage
      • Acres10.1600
      • CountyGrayson
      • Cost4900000
      • SubdivisionNA

Location

Joanne WeberReal Estate Group
OR

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10.0%

Interest Rate

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6.0%

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2.6%
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