Incredible development opportunity: 148+ acres in prime location in one of the fastest growing areas in the US. 12-inch City of Sherman water line along US Hwy 82. This property, located near the major intersection of Hwy 289 and US Hwy 82, has close proximity to high-end developments and the North Texas Regional Airport. Approximately 2,122 ft frontage along US Hwy 82 and 2,405 ft frontage along Lamberth offers unparalleled development characteristics. Sherman's robust industrial base includes Texas Instruments, with a $30B expansion of their semiconductor wafer plant underway, Taiwan-based GlobalWafers has announced a new state-of-the-art 300-millimeter silicon wafer factory. Property includes several ponds, mature trees and ag exemption. Sewer located nearby. No flood plain per FEMA flood maps. Lamberth Road is slated as 4 lane thoroughfare in the future. Concept site plan and survey available upon request.