0 Tx-78 Lavon, TX 75166
This exceptional 5.14-acre commercial land parcel presents a remarkable investment opportunity in the rapidly growing city of Lavon, Texas. Strategically located on State Highway 78, this property boasts high visibility and accessibility, making it ideal for a variety of commercial developments. The land is zoned "RETAIL," perfectly suited to capitalize on the burgeoning residential growth in the area. Adjacent to the expansive 1,600-acre Elevon Development, a mixed-use project currently under construction, this location benefits from the synergy of a thriving community. Furthermore, its proximity to the 200-acre LakePointe Development, primarily comprised of single-family homes, ensures a strong and expanding customer base. Lavon's explosive residential growth fuels a significant demand for additional commercial and retail spaces, positioning this property for exceptional returns. The asking price is $3,134,578, translating to $14 per square foot of land value. This represents a compelling investment in a high-growth market with significant future potential. The property's prime location and zoning make it an attractive prospect for developers seeking to establish a presence in this dynamic Texas community. Don't miss this chance to secure a piece of Lavon's burgeoning commercial landscape. The property is situated at the address TX-78, Lavon, TX 75166.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.