Located within the Hickory Hill Planned Development in Sherman, TX, this ±5.48-acre tract presents a strong commercial development or long-term investment opportunity adjacent to the active and growing Hickory Hill development. The property is situated in the Park Subdistrict, allowing for General Commercial use under the Hickory Hill PD zoning. Utilities are readily available, with City of Sherman water and sanitary sewer located at the adjacent site, supporting future development feasibility. Offered at $597,000, equating to approximately $2.50PSF on gross acreage, the site is competitively priced for investors seeking exposure to Sherman’s continued commercial and residential expansion. This tract is well suited for land banking or commercial development, benefiting from its proximity to ongoing development activity and the City of Sherman’s forward growth trajectory.
The purpose of this article is to provide for the creation of Planned Development Zoning Districts. These districts are intended to provide for the development of land as an integral unit for single or mixed use in accordance with a plan that may vary from the established regulations of other zoning districts. These districts are also meant to encourage flexible and creative planning to ensure the compatibility of land uses, to allow for the adjustment of changing demands to meet the current needs for the community, and to provide for a development that is superior to what could be accomplished in other districts by meeting one or more of the following criteria.; Provide for the design of lots or buildings; increased recreation, common or open space for private or public use; berms, greenbelts, trees, shrubs, or other landscaping features; parking areas, street design or access; or other development plans, amenities or features that would be of special benefit to the property users or community; Protect or preserve environmental and aesthetic features, such as trees, creeks, ponds, floodplain, slopes or hills; or Protect or preserve existing historical buildings, structures, features or places.
Permitted uses
Include but are not limited to:
Religious facility
Housing-Single unit
Educational/school
Fire house
Cemetery
Climate risks
1/10 Flood Factor
Minimal risk of a flood reaching the building in the next 30 years
5/10 Fire Factor
4% chance of being in a wildfire in next 30 years
6/10 Heat Factor
7 days above 109° expected this year, 21 days in 30 years
4/10 Wind Factor
20% chance of strong winds in next 30 years
3/10 Air Factor
3 unhealthy days expected this year, 3 days in 30 years
Provided by First Street
Historical weather
Sherman, TX • 75092
Average low and high temperatures (°F)
52
32
63
40
74
52
75
58
81
63
88
73
93
74
91
73
88
66
83
60
70
49
60
41
Jan
Feb
Mar
Apr
May
Jun
Jul
Aug
Sep
Oct
Nov
Dec
Sun exposure
Try the sun simulator tool to see how light moves across the property at different times of day and year.
Provided by Shadowmap
Redfin Estimate for 3382 W Lamberth Rd
$539,795
$57K under list price of $597K
Nearby comparable homes
The Redfin Estimate uses 6 recent nearby sales, priced between $228K to $644K.