State Highway 78 Lavon, TX 75166
- Commercial real estate
- 5.14 lot acres
Current Use by Public Records
- Commercial real estate
Property Details for State Highway 78
- Lot size
- 5.14 lot acres
- Property type
- Commercial real estate
Description
This exceptional 5.14-acre commercial lot is ideally situated on State Highway 78 in the rapidly growing city of Lavon, Texas. Its prominent location offers unparalleled visibility and accessibility for businesses seeking a high-traffic area. The property is zoned RETAIL, presenting a unique opportunity for developers and investors to capitalize on Lavon's booming residential expansion. This surge in residential development is creating a significant and increasing demand for commercial services, making this land a highly attractive investment. The expansive acreage provides ample space for a variety of commercial ventures, from retail stores and restaurants to service centers and other businesses catering to the growing community. The strategic location on State Highway 78 ensures excellent exposure to a large volume of daily traffic, maximizing potential customer reach and business visibility. This property represents a rare chance to secure a prime commercial location in a thriving market poised for continued growth. The substantial lot size allows for flexibility in development plans, accommodating a range of commercial projects to meet the evolving needs of the community. Don't miss this exceptional opportunity to establish a successful business in a dynamic and expanding area. The asking price is $3,134,578.
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Lavon
- County
- Collin
- State
- Texas
- Longitude
- -96.4449
- Latitude
- 33.0203
