USATXShermanNot ApplicableN. Loy Lake Rd. Nwc of Loy Lake Road & Kerr Chapel Road Road

New

$5,500,000

For Sale

A day ago

N. Loy Lake Rd. N Rd, Sherman, TX

Name: N. Loy Lake Rd. N Rd, For Sale in Sherman - eXp Realty
Brand: Northmarq Multifamily, LLC
SKU: 21359083
Price: 5500000 USD

House

MLS® 21359083

0 Bed

0 Bath

Key Facts
Description
Map

Key Facts

Type Unimproved Land

Levels Land

Size -

Garage

Taxes

Days Active 1

Lot Size 67.199997 Acres

Approx. Age

MLS® Number 21359083

Property Address: N. Loy Lake Rd. Nwc Of Loy Lake Road & Kerr Chapel Road Road, Sherman, TX, 75092

Average square foot calculated using Size range provided by listing agent.

Description

Northmarq is pleased to present Sherman 67 Development Site, (the, “Property”), a ±67.2-acre development opportunity located at the NWC of Loy Lake & Kerr Chapel Road in Sherman, Texas. Sherman is the County Seat of Grayson County, one of the fastest growing counties in Texas. The Site’s proximity to Collin County, the economic powerhouse immediately to the south that includes booming markets like Frisco, Prosper, Celina, McKinney, and Plano, positions it perfectly to capture the northward expansion of the DFW metroplex. The Property benefits from exceptional regional connectivity via US Highway 75, a six-lane freeway providing direct access to the heart of Dallas, with additional accessibility forthcoming through the $315 million Dallas North Tollway extension to Denison. Sherman, Texas offers an affordable, high quality of life with a strong sense of community and abundant recreational activities. Coupled with Sherman’s business-friendly environment and massive inbound investments from semiconductor giants like Texas Instruments and Global Wafers, Sherman 67 Development Site allows a developer to strategically capitalize on the increasing need for housing in one of North Texas’ most promising growth corridors. Locational Overview: Positioned just 40 miles north of Dallas, Sherman is an integral part of the expanding DFW metroplex., The city conveniently offers an ideal blend of small-town charm with direct access to big-city amenities. The Texoma Region, encompassing Grayson County, boasts an immediate workforce of over 71, 000 and serves as a crucial growth corridor for North Texas. Major employment sectors include advanced manufacturing - particularly semiconductor production - logistics, healthcare, and education. The Texoma Region generates an annual GDP of $5.6 billion, with a population exceeding 148, 000 residents.

MLS® Number21359083

Laundry Level

Central VacNo

FireplaceNo

Acreage

Exterior

Garage

Approx. Age

Basement

Driveway

Garage Spaces

Heat

A/C

Extras

Price History

-End Date

Not Sold YetSold Price

For Sale

Aug 17, 2026List Date

$5,500,000List Price

Commute

Commute

Starting Address

Destination Address

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