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Property profile & analytics
OFF-MARKET
Land

0 State Hwy 78 & Elevon Pkwy Lavon, TX 75166

1 ac lot
Property ID
Property summary
AI-generated overview

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.

Property profile
Verified
Property type Land
Lot 1 ac (43,560 SF)
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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