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Property profile & analytics
OFF-MARKET
Commercial real estate

0000 State Hwy 78 Hwy Lavon, TX 75166

21.11 ac lot
Property ID
Property summary
AI-generated overview

This exceptional 21.11-acre tract presents a remarkable investment opportunity in the rapidly expanding city of Lavon, Texas. Strategically located along the west frontage of State Highway 78, a six-lane divided highway, and FM 6, this property enjoys unparalleled visibility and accessibility. Its prime location directly across Highway 78 from the burgeoning 200-acre LakePointe Community, currently under development, ensures significant exposure to a growing residential population. Further enhancing its desirability is its adjacency to the Elevon Community, a substantial mixed-use development encompassing approximately 1,600 acres, with its initial phase already underway. Lavon's explosive residential growth fuels a strong demand for commercial and retail establishments, making this property ideally suited for a variety of development scenarios. The expansive acreage allows for flexibility, with the potential for division into half-acre or larger lots, catering to diverse development plans. Owner financing is available, making this an even more attractive proposition for discerning investors seeking to capitalize on Lavon's remarkable growth trajectory. This is a rare chance to secure a prominent position in a thriving market poised for continued expansion. The property's high visibility and strategic location make it an exceptional choice for retail development, ensuring strong returns on investment.

Property profile
Verified
Property type Commercial real estate
Lot 21.11 ac (919,552 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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