Your AI Navigator in Commercial Real Estate
Sign Up Successful!
You now have access to more from Realmo!
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search

    TX-78 Bus Lavon, TX 75166

    For Sale
    $1,176,120

    1.5-Acre Commercial Lot, High Growth Area

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    363
    This exceptional 1.5-acre commercial land parcel in Lavon, Texas, presents a prime retail investment opportunity. Located near the busy intersection of Hwy 78 and Hwy 205 (currently undergoing four-lane expansion), this property benefits from its strategic position within a rapidly expanding residential area. The site is zoned for retail use and boasts readily available water and electric utilities. An easement for sewer access to Endeavour Blvd. will be provided upon closing. Lavon's remarkable growth is fueled by significant residential developments, including the 1,600-acre Elevon Planned Development, the 200-acre LakePointe Development, Lake Breeze Estates, and others. This surge in residential construction creates a strong demand for additional retail businesses, making this land ideally positioned to capitalize on this burgeoning market. The land is priced at $1,176,120, translating to $18 per square foot. The property's address is TX-78 BUS, Lavon, Collin County, Texas, 75166. This is a rare chance to acquire a highly desirable retail site in one of Texas' fastest-growing communities.

    Property Features for TX-78 Bus

    General Information

    Property type
    Land
    Lot Size
    65,340 SF

    HighLights

    • $1,176,120 asking price for 1.5 acres of commercial land zoned for retail use.
    • Located in Lavon, Collin County, Texas, at the intersection of Hwy 78 and Hwy 205.
    • $18/SF land value.
    • Utilities (water and electric) available; sewer easement to be provided at closing.
    • High‑growth area with significant residential development underway, creating strong retail demand.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Lavon
    County
    Collin
    State
    Texas
    Longitude
    -96.456400330335
    Latitude
    33.020517929566

    Nearby Similar for Sale

    • Contact for pricing
      15,500 SF

      Lavon Warehouse with Showroom Space

      Two warehouses with showroom, income potential, and high visibility.
      12448 State Highway 205, Lavon, TX 75166
      View Details
    • Contact for pricing
      6,000 SF

      Retail and Office Space Available

      Retail and office space for lease in high-growth Lavon, TX.
      619 Main St, Lavon, TX 75166
      View Details
    • $2,999,900

      Lavon Industrial Property for Sale

      Industrial property available for sale in Lavon, Texas.
      12446 State Highway 205, Lavon, TX 75166
      View Details
    • $13,795,888
      21.11 Acres

      Lavon, TX Commercial Land Investment

      High-growth area, prime retail opportunity.
      0000 State Hwy 78 Hwy, Lavon, TX 75166
      View Details
    • $3,134,578
      5.14 Acres

      Prime Lavon Commercial Land

      Highway 78 Retail Opportunity
      State Highway 78, Lavon, TX 75166
      View Details
    • $3,099,900
      15,500 SF

      Lavon Industrial Property: High Visibility

      Prime Industrial Investment Opportunity in Lavon, TX
      12446 State Highway 205, Lavon, TX 75166
      View Details

    FAQs

    What type of property is this?
    Land - 1.5-Acre Commercial Lot, High Growth Area
    Where is this land located?
    The property is located at TX-78 Bus 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: $1,176,120 asking price for 1.5 acres of commercial land zoned for retail use.; Located in Lavon, Collin County, Texas, at the intersection of Hwy 78 and Hwy 205.; $18/SF land value.
    Request Owner's contact information
    TX-78 Bus Lavon, TX 75166
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    TX-78 Bus
    Lavon, TX 75166
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    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
    TX-78 Bus Lavon, TX 75166
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Google sign-in failed. Please try again or use another login method.
    Create New Password
    • At least 8 characters
    • Contains both letters and numbers
    • Contains uppercase and lowercase letters
    • At most 32 characters
    • Password required
    • Password reset link has expired. Please request a new one.