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    8 Louisiana Dr Celina, TX 75009

    For Sale
    $5,517,200

    Prime Celina land, high growth area, near schools.

    Description

    Added:
    Feb 3, 2025
    Days on Market:
    316
    This exceptional 8.7-acre tract presents a unique development opportunity in the thriving Celina, Texas market. Located just north of Downtown Celina, this property enjoys a strategic position directly across from a substantial 130-acre residential development, guaranteeing a robust and expanding customer base. The property's proximity to recently opened elementary and middle schools adds significant appeal for families and residents, further bolstering its potential. Situated on Louisiana Drive, just north of the future O'Brien Parkway intersection, the land offers unparalleled access to major thoroughfares, ensuring excellent visibility and convenient access for future businesses and residents. This prime location allows for versatile development options, catering to both commercial and residential needs. The potential uses are diverse, ranging from retail spaces to residential communities, or a strategic blend of both. This makes it an ideal investment for developers seeking to capitalize on Celina's rapid growth. Furthermore, the availability of two additional 5-acre tracts to the north presents exciting possibilities for large-scale expansion projects. This 8.7-acre parcel provides a strong foundation for future success in a community experiencing significant population and economic expansion. The asking price is $5,517,200.

    Property Features for 8 Louisiana Dr

    General Information

    Property type
    Other commercial real estate
    Lot Size
    380,279 SF
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Spa & Massage Dental Office Wholesale Shop Auto Repair Shop Hair Salon Clothing Store

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Celina
    County
    Collin
    State
    Texas
    Longitude
    -96.78524
    Latitude
    33.32377

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    FAQs

    What type of property is this?
    Commercial real estate - Prime Celina land, high growth area, near schools.
    Where is this commercial real estate located?
    The property is located at 8 Louisiana Dr Celina, TX.
    What is the asking price?
    The asking price for this property is $5,517,200.
    Request Owner's contact information
    8 Louisiana Dr Celina, TX 75009
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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
    8 Louisiana Dr Celina, TX 75009
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