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    000 State Hwy 78 Hwy Lavon, TX 75166

    For Sale
    $3,258,288

    Unimproved Land - Lavon, TX

    Type:Unimproved Land
    Lot size:
    4.40 Acres
    Days on Market:
    755
    Last Refresh:
    Dec 8 at 6:06 pm

    Property Features for 000 State Hwy 78 Hwy

    General Information

    Property type
    Commercial Sale
    Property subtype
    Unimproved Land
    Standard status
    Active
    APN
    2152129
    Lot size
    4.40 Acres

    Building Details

    Architectural style
    Other

    Gerald Porter Real Estate (214) 676-3818 [email protected]

    Listing agent Gerald Porter (214) 676-3818 License #0186365

    Listing date Nov 15, 2023

    MLS# 14136460 Listing URL

    Copyright © 2025 North Texas Real Estate Information Systems, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Prime Land For Retail Development

    This 4.4-acre property is suitable for a retail development, such as a grocery store or retail center. It is located at the corner of State Highway 78, a six-lane divided highway, and FM 6. The property is situated across Highway 78 from the new 200-acre LakePointe Community, which is currently under development. Adjoining that development is the Elevon Community, a mixed-use development of approximately 1,600 acres, with the first phase currently under construction. Lavon is experiencing significant growth as residential development continues with these and other developments in process. This increase in residential development is adding to the need for commercial-retail development to service the increasing population in the area.
    Location Intelligence

    Current Use by Public Records

    Commercial land

    Map

    City
    Lavon
    County
    Collin
    State
    Texas
    Longitude
    -96.425699
    Latitude
    33.042614

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    FAQs

    What type of property is this?
    Commercial land - Excellent land for retail development in rapidly growing Lavon, TX.
    Where is this commercial land located?
    The property is located at 000 State Hwy 78 Hwy Lavon, TX.
    What is the asking price?
    The asking price for this property is $3,258,288.
    What are key features of this property?
    This property features: - Excellent location for retail development like a grocery store or retail center.; - Situated at the corner of State Hwy. 78 and FM 6.; - Across Hwy 78 from the new LakePointe Community.
    (214) 676-3818
    Request Owner's contact information
    000 State Hwy 78 Hwy Lavon, TX 75166
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    Lavon, TX 75166
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    000 State Hwy 78 Hwy Lavon, TX 75166
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