Add Listing
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    The Largest CRE Database in the US with Over 1 Million Listings

    10598 Co Rd 100 Celina, TX 75009

    Loading data...
    Loading data...
    Loading data...
    For Sale
    Contact for pricing

    Prime 33-acre development site in Celina, Texas. Residential zoning.

    Property Features for 10598 Co Rd 100

    General Information

    Property type
    Multifamily properties
    Lot Size
    1,452,987 SF

    We can help!

    Listing Contact
    Scott John Rodgers

    Listing Agent: Scott John Rodgers

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Learn more

    Overview

    This exceptional 33.356-acre parcel presents a unique opportunity for large-scale residential development in the rapidly growing city of Celina, Texas. Located at 10598 Co Rd 100, Collin County, zip code 75009, this property boasts a highly desirable PD-45 zoning designation, allowing for a variety of residential uses including multifamily, townhome, and single-family residential projects. Its strategic location offers unparalleled convenience, situated just east of Preston Road and adjacent to the established Grand Homes Buffalo Ridge neighborhood. The site benefits from its proximity to excellent schools, including Celina High School (997 students), Morre Middle School (767 students), and the new Martin Elementary School, all within less than a mile. This prime location ensures strong demand and high potential for return on investment. The property's substantial size and versatile zoning make it ideal for a variety of development plans, catering to the increasing population and housing needs of Celina. Detailed information and pricing are available upon request. Contact us to explore the possibilities of this exceptional development opportunity.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Celina
    County
    Collin
    State
    Texas
    Longitude
    -96.767564998782
    Latitude
    33.357289293963

    Nearby Similar for Sale

    • $10,500,000
      2.40 Acres

      Class A Office Building Celina

      Fully leased Class A office building on Preston Rd in Celina.
      1212 S Preston Rd, Celina, TX 75009
      View Details
    • $1,099,000
      0.08 Acres

      Historic Retail Office Building

      Retail office building in Celina's historic downtown square.
      239 W Pecan St, Celina, TX 75009
      View Details
    • $1,590,000
      1.16 Acres

      Celina Commercial Property with Warehouse

      Commercial property featuring office/retail space and a large warehouse.
      910 Preston Rd, Celina, TX 75009
      View Details
    • $495,000
      0.17 Acres

      Celina Duplex: Investment Opportunity

      Duplex in Celina with tenants, close to downtown activities.
      305 N Arizona Dr, Celina, TX 75009
      View Details
    • $6,000,000
      62.90 Acres

      Exceptional 62-Acre Farm and Ranch

      Luxury country living on a 62-acre Celina, TX estate.
      5555 County Road 179, Celina, TX 75009
      View Details
    • $399,000
      0.18 Acres

      Downtown Celina Commercial Conversion Opportunity

      High-visibility property primed for commercial conversion near historic downtown Celina.
      606 N Louisiana Dr, Celina, TX 75009
      View Details
    • $3,750,000
      5,877 SF

      Downtown Celina Turnkey Restaurant

      Second-generation restaurant with enclosed patio and outdoor stage in Celina.
      218 W Walnut St, Celina, TX 75009
      View Details
    • $9,195,000
      10,939 SF

      Celina Ranch with Indoor Arena

      25-acre Celina ranch featuring a Mediterranean home and equestrian facilities.
      5825 A Cr 173, Celina, TX 75009
      View Details
    • Contact for pricing

      Country Ranch Home on Acreage

      Charming ranch home on 12+ acres near Celina, Texas.
      10955 Kathie Ct, Celina, TX 75009
      View Details
    • $1,650,000
      6,400 SF

      Celina Commercial Property: Office & Warehouse

      Prime Celina location: Office, warehouse, & home
      910 Preston Rd, Celina, TX 75009
      View Details
    • $2,750,000
      2,600 SF

      Celina Industrial Land - 10 Acres

      Prime Celina industrial land, 10 acres, high growth area.
      7410 Rawhide Rd, Celina, TX 75009
      View Details
    • $3,299,000
      1,784 SF

      Celina Industrial Land Investment

      Prime 5+ acre tract, panoramic views.
      2350 Louisiana Dr, Celina, TX 75009
      View Details

    FAQs

    What type of property is this?
    Multifamily property - Prime 33-acre development site in Celina, Texas. Residential zoning.
    Where is this multifamily property located?
    The property is located at 10598 Co Rd 100 Celina, TX.
    What are key features of this property?
    This property features: 33.356-acre parcel in Celina, TX.; Located at 10598 Co Rd 100, Collin County, 75009.; PD-45 zoning allows multifamily, townhome, and single-family residential development.
    Request Owner's contact information
    10598 Co Rd 100 Celina, TX 75009
    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.
    10598 Co Rd 100
    Celina, TX 75009
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    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.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    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.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    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
    10598 Co Rd 100 Celina, TX 75009
    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
    Thank You

    You are Unsubscribed From Notifications

    We can help!
    Contact for Pricing
    Please call us for current price
    and status of this listing
    Scott John Rodgers
    Learn more
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!