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78 Quadrant Of State Hwy Lavon, TX 75166

For Sale
$1,176,120

1.5 Acres, Retail Zoning, Hwy 78 & 205

Description

Added:
Dec 11, 2024
Days on Market:
363
This exceptional 1.5-acre commercial land parcel presents a remarkable investment opportunity in the rapidly growing city of Lavon, Texas. Located at the southwest quadrant of the busy intersection of State Highway 78 and State Highway 205, this property benefits from high visibility and convenient access. The site is zoned for retail use, perfectly positioned to capitalize on the significant residential expansion currently underway in Lavon. Nearby developments include the Grand Heritage developments, the 1,600-acre Elevon Planned Development, the 200-acre LakePointe Development, and Lake Breeze Estates, all contributing to a surging demand for retail services. State Highway 205 is undergoing a widening project to four lanes, further enhancing accessibility and visibility. The asking price is $1,176,120, translating to $18 per square foot. Utilities are readily available, with water and electric already in place. An easement for sewer access to Endeavour Boulevard will be provided upon closing, ensuring seamless operational readiness. This property offers a unique chance to establish a thriving retail business within a dynamic and expanding community. The strategic location and strong growth trajectory make this an exceptional investment prospect.

Property Features for 78 Quadrant Of State Hwy

General Information

Property type
Land
Lot Size
65,340 SF

HighLights

  • Utilities: Water and electric are available; sewer access easement to Endeavour Blvd. provided at closing.
Property Profile Location Intelligence

Current Use by Public Records

Commercial real estate

Map

City
Lavon
County
Collin
State
Texas
Longitude
-96.456387077978
Latitude
33.020795518012

FAQs

What type of property is this?
Land - 1.5 Acres, Retail Zoning, Hwy 78 & 205
Where is this land located?
The property is located at 78 Quadrant Of State Hwy Lavon, TX.
What is the asking price?
The asking price for this property is $1,176,120.
What are key features of this property?
This property features: Utilities: Water and electric are available; sewer access easement to Endeavour Blvd. provided at closing.; ;
More about this property
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