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    State Highway 78 Lavon, TX 75166

    For Sale
    Contact for pricing

    14 Acres, Prime Retail Location, Utilities Available

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    363
    This exceptional 14-acre commercial land parcel presents a remarkable investment opportunity in the thriving city of Lavon, Texas. Strategically located at the northeast intersection of State Highway 78 and Grand Heritage Boulevard, this property boasts unparalleled accessibility and visibility. The land is zoned for commercial development, specifically suited for retail uses, including retail pads, offering significant potential for a variety of businesses. Existing utilities are already on-site, streamlining the development process and minimizing upfront costs. The property's size allows for subdivision, providing flexibility for developers seeking to create multiple commercial spaces or a larger-scale project. Lavon is experiencing robust growth, making this location particularly attractive for businesses seeking to capitalize on a burgeoning market. The area offers a wealth of amenities and a strong local economy, creating a supportive environment for new ventures. This prime commercial land presents a rare chance to establish a thriving business in a dynamic and rapidly expanding community. The convenient location and readily available utilities make this an exceptional opportunity for immediate development. Don't miss this chance to secure a piece of Lavon's vibrant future.

    Property Features for 0 State Highway 78

    General Information

    Property type
    Land
    Lot Size
    609,840 SF

    HighLights

    • 14‑acre commercial land parcel for sale in Lavon, TX.
    • Located at the northeast corner of State Highway 78 and Grand Heritage Boulevard.
    • Utilities are available on‑site.
    • Suitable for subdivision and future development.
    • Located in a growing community with nearby amenities.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Lavon
    County
    Collin
    State
    Texas
    Longitude
    -96.4522961
    Latitude
    33.0223906

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    FAQs

    What type of property is this?
    Land - 14 Acres, Prime Retail Location, Utilities Available
    Where is this land located?
    The property is located at State Highway 78 Lavon, TX.
    What are key features of this property?
    This property features: 14-acre commercial land parcel for sale in Lavon, TX.; Located at the northeast corner of State Highway 78 and Grand Heritage Boulevard.; Utilities are available on-site.
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    State Highway 78 Lavon, TX 75166
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    Lavon, TX 75166
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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
    State Highway 78 Lavon, TX 75166
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