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    & The Collin County Outerloop Neq - Preston Rd Celina, TX 75009

    For Sale
    Contact for pricing

    112 Acres of Prime Collin County Land

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    367
    This exceptional 112-acre commercial land parcel presents a unique investment opportunity in the rapidly growing city of Celina, Texas, located at the northeast quadrant of Preston Road and the Collin County Outerloop. Situated in Collin County, zip code 75009, this expansive tract offers significant potential for a diverse range of mixed-use developments. The property's strategic location provides excellent access to major transportation arteries, ensuring high visibility and convenient accessibility for future businesses and residents. The envisioned development plan incorporates a balanced mix of commercial, office, entertainment, and potentially corporate campus or medical district uses. A significant portion of the development is also allocated for parks and open spaces, enhancing the overall appeal and livability of the community. The proposed land use allocation includes approximately 40% for residential (multi-family), 30% for retail, and 30% for employment-generating uses. This carefully considered zoning plan aims to create a vibrant and sustainable community, attracting businesses and residents alike. The property's size and strategic location make it an ideal candidate for a large-scale development project, promising substantial returns on investment. Detailed site plans and development specifications are available upon request. This is a rare opportunity to acquire a significant land holding in one of Texas's fastest-growing areas.

    Property Features for & The Collin County Outerloop Neq - Preston Rd

    General Information

    Property type
    Land
    Lot Size
    4,878,720 SF

    HighLights

    • Mixed‑use development encompassing commercial, office, entertainment, corporate campus, and medical spaces.
    • Predominantly multi‑family residential with minimal single‑family homes.
    • Property allocation: 40% residential, 30% retail, 30% employment.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Celina
    County
    Collin
    State
    Texas
    Longitude
    -96.7718396
    Latitude
    33.3347291

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    FAQs

    What type of property is this?
    Land - 112 Acres of Prime Collin County Land
    Where is this land located?
    The property is located at & The Collin County Outerloop Neq - Preston Rd Celina, TX.
    What are key features of this property?
    This property features: Mixed-use development encompassing commercial, office, entertainment, corporate campus, and medical spaces.; Predominantly multi-family residential with minimal single-family homes.; Property allocation: 40% residential, 30% retail, 30% employment.
    (214) 526-3626
    Request Owner's contact information
    & The Collin County Outerloop Neq - Preston Rd 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.

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    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
    & The Collin County Outerloop Neq - Preston Rd Celina, TX 75009
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