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    520 Preston Rd Celina, TX 75009

    For Sale
    Contact for pricing

    6.9 Acres, High-Traffic Location, Celina, TX

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    365
    This exceptional 6.9-acre commercial land parcel presents a unique investment opportunity in the rapidly expanding city of Celina, Texas. Strategically located on Preston Road, a major thoroughfare connecting Prosper and Celina, this property boasts impressive visibility and accessibility. With over 20,000 vehicles passing daily, this site offers unparalleled exposure for any commercial development. The property is zoned F1-Commercial, allowing for a wide range of development possibilities. Its size allows for flexibility, with the potential for subdivision to accommodate multiple businesses or a large-scale project. Situated in Collin County, this land benefits from Celina's robust growth trajectory, making it an ideal location for businesses seeking to capitalize on the area's expanding population and economic activity. The address is 520 N Preston Rd, Celina, TX 75009. This prime location offers significant potential for substantial return on investment. The property's size and zoning provide developers with considerable flexibility in their project planning. Don't miss this chance to secure a piece of Celina's thriving commercial landscape.

    Property Features for 520 Preston Rd

    General Information

    Property type
    Land
    Lot Size
    300,564 SF

    HighLights

    • 6.9‑acre commercial land parcel in Celina, TX.
    • Located on Preston Rd, a major thoroughfare with over 20,000 vehicles per day.
    • Zoned F1‑Commercial, allowing for a variety of commercial uses.
    • Situated in Collin County, Texas, within the rapidly growing city of Celina.
    • Available for sale or ground lease; potential for subdivision.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Dental Office Spa & Massage 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
    -96.773597476672
    Latitude
    33.329391219979

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    FAQs

    What type of property is this?
    Land - 6.9 Acres, High-Traffic Location, Celina, TX
    Where is this land located?
    The property is located at 520 Preston Rd Celina, TX.
    What are key features of this property?
    This property features: 6.9-acre commercial land parcel in Celina, TX.; Located on Preston Rd, a major thoroughfare with over 20,000 vehicles per day.; Zoned F1-Commercial, allowing for a variety of commercial uses.
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    520 Preston Rd Celina, TX 75009
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    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
    520 Preston Rd Celina, TX 75009
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