Listing Agency: Expansion Realty Partners m***@expansionrp.com Show Phone

Listed By: Mark Pierce · License #TX

Source: Crexi

Added: May 1, 2017 Changed: Aug 13 Last Checked: Aug 21 at 5:53PM

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Investment Insights

Based on property information with market context.

This property features frontage on Preston Road at the hard corner of Preston Road and Ownsby Parkway, situated on the south side of the Carter Ranch Development. It is suitable for retail development, including commercial retail, restaurants, pad sites, office spaces, and day care centers. Located in Celina, the fastest-growing city in the DFW area, the seller prefers a ground lease but will consider all offers.

Key Highlights

• Great Frontage on Preston Road
• Hard Corner of Preston Rd and Ownsby Parkway
• South Side of Carter Ranch Development

Property Analytics

Current Use

Commercial land

Location Intelligence

Trade Area within ½ mile

16

Businesses Nearby

Explore this area Business Placement

Demographics for 75009, TX

21,276

Population

9,943

Households

2.1

Avg Household Size

34

Median Age

56%

College-Educated

96%

High-School Grad

98.7 sq mi

ZIP Area

216

Density / Sq Mi

$166,064

Median Household Income

$70,683

Median Earnings

$2,134

Median Rent

$471,300

Median Home Value

Market

Vacancy Rate% for Office in South region

14.4% 2019

16.4% 2020

17.3% 2021

18% 2022

18.6% 2023

20.3% 2024

20.2% 2025

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Frequently Asked Questions

What type of property is this?

Commercial land - Hard corner lot ideal for retail development or ground lease.

Where is this commercial land located?

The property is located at NEC Preston Rd. & Ownsby Pkwy. Celina TX Celina, TX.

What are key features of this property?

This property features: Great Frontage on Preston Road; Hard Corner of Preston Rd and Ownsby Parkway; South Side of Carter Ranch Development