Tx-78 Lavon, TX 75166
- Land
- 5.14 lot acres
Current Use by Public Records
- Land
Property Details for 0 Tx-78
- Lot size
- 5.14 lot acres
- Property type
- Land
Description
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.
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
- -96.4316
- Latitude
- 33.0331
