State Hwy 78 & Elevon Pkwy Lavon, TX 75166
- Land
- 1.00 lot acres
Current Use by Public Records
- Land
Property Details for 0 State Hwy 78 & Elevon Pkwy
- Lot size
- 1.00 lot acres
- Property type
- Land
Description
This exceptional 51.3-acre commercial land parcel presents a unique investment opportunity within the burgeoning Elevon master-planned community in Lavon, Texas. Located at the intersection of State Hwy 78 and Elevon Parkway, this property boasts a Planned Development zoning designation, offering significant flexibility for a variety of commercial uses. The site is part of a larger development encompassing over 1,500 acres, projected to include more than 4,500 single-family homes, 1,000 multifamily units, a 65-acre business park, and over 60 acres of retail space. This translates to a substantial and rapidly expanding residential and commercial base, ensuring high visibility and strong potential for future growth. All utilities are readily accessible, with main roadways already in place. A future lighted intersection is anticipated, with an estimated completion date of Q4 2025. The property's location within Elevon provides access to miles of nature trails, playgrounds, green spaces, dog parks, and fitness stations, enhancing the overall appeal and livability of the area. This is an unparalleled chance to secure a significant commercial land holding in one of Collin County's most exciting and rapidly developing communities. The single ownership simplifies the acquisition process, making this a highly attractive proposition for developers and investors alike. Contact us today to learn more about this exceptional opportunity.
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
- -96.4329
- Latitude
- 33.0317
