800 Choate Pkwy Celina, TX 75009
- Commercial real estate
- 5,074 SF
- 18.53 lot acres
Current Use by Public Records
- Commercial real estate
Property Details for 800 Choate Pkwy
- Year built
- 1996
- Lot size
- 18.53 lot acres
- Property size
- 5,074 SF
- Property type
- Commercial real estate
Description
This exceptional 18.53-acre property in Celina, Texas, presents a remarkable investment opportunity. Strategically located across from Collin College, it boasts prominent frontage on both the Collin County Outer Loop and Choate Parkway, ensuring high visibility and accessibility. Its central location between Preston Road, Coit Road, and Custer Road places it within the heart of Celina's rapidly growing commercial sector. The area is experiencing significant expansion, with nearby single-family and multifamily developments underway. An initial engineering plan report is available for this site, which features a 5,074 square foot custom home that could offer additional value to certain buyers. Public water and sewer with high-volume capacity are readily available adjacent to the property, simplifying infrastructure connections. The property is designated within the Collin County Outer Loop Overlay plan with the City of Celina. Development plans will require collaboration with the Planning and Zoning department. The site's elevation provides excellent exposure for businesses seeking high daily or destination traffic. Subdivision potential exists, subject to owner approval. Future uses permitted include commercial, office, institutional, mixed-use, multifamily, and specific-use designations, offering considerable flexibility for development. The asking price is $16,975,000.
Value Estimation
-
CAP approach
-
Comparable approach
-
Alternative Use
Location Insight
- Map
- Local Demand
- City
- Celina
- County
- Collin
- State
- Texas
- Longitude
- -96.7718
- Latitude
- 33.2947
