Real Estate Investors and Developers Dream Property! 8.5+ Acres of land in Sheridan, in. Located on Second St. - right in the middle of town. Zoned R2 Residential Small Lot. Zoning includes single family homes and single family attached homes ~ Duplexes, Triplexes, Quadplexes, & Townhomes. Preliminary Engineering Plans have 21 Duplexes with 42 units planned for this near 9 acre site. Property shares the entrance to Spicewood Gardens. City Streets up to this site are in place with curb cuts. City and sewer are up to this parcel. Northwest side of property borders the Monon Trail.