Technical
Financial
Distress signals
Property profile

1009 State Hwy 78 Lavon, TX 75166

OFF-MARKET
Commercial real estate
Property ID
US82-4741577
3,608 SF 1.68 ac lot Built 1999
Entity Owned Free & Clear
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Property summary

AI-generated overview

This exceptional 9.372-acre commercial land parcel presents a unique investment opportunity in Lavon, Texas. Strategically located at the intersection of State Highway 78 and Highway 205 in Collin County, this property offers unparalleled visibility and accessibility. Currently unzoned by the city, this presents flexibility for a wide range of commercial developments, including retail, office, or hotel projects. The asking price is $5,000,000. The seller is willing to subdivide the land to accommodate various development plans, making it an attractive option for both large-scale and smaller projects. The property's address is 1009 S State Hwy 78, Lavon, TX 75166. Its precise coordinates are latitude 33.02241583246252 and longitude -96.45797225853731. This location provides easy access to major transportation routes, ensuring high traffic flow and excellent exposure for any commercial venture. The absence of city zoning allows for creative development options and potentially reduces regulatory hurdles. This is a rare opportunity to acquire a significant land holding in a rapidly growing area of Collin County. Serious inquiries are encouraged.

Property profile

Verified
Property type Commercial real estate
Use group COMMERCIAL (GENERAL)
Year built 1999
Total area 3,608 SF
Lot 1.68 ac (73,355 SF)
APN R-6638-002-0130-1
UPID US82-4741577

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Atm
  • Bank Loan Service

Location

1009 State Hwy 78 Lavon, TX 75166
Lavon metro Census 31201 DALLAS-FORT WORTH-ARLINGTON, TX METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$435k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$415k

Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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