Property summary
This exceptional retail property presents a unique investment opportunity in the burgeoning Preston Streams district of Celina, Texas. Situated on a highly visible corner lot at the intersection of Pecan Street and New Mexico, this half-acre parcel boasts significant road frontage on both streets, ensuring maximum exposure for any commercial venture. The property's prime location offers unparalleled accessibility and visibility, placing it just one block away from the anticipated Ousley Park, a future community amenity expected to draw significant foot traffic and enhance the surrounding area's appeal. The existing zoning allows for a variety of commercial uses, making it ideal for a diverse range of businesses seeking a strategic foothold in a rapidly expanding market. The property's size and location provide ample space for development, allowing for customization to suit specific business needs. This is a rare opportunity to acquire a substantial retail property in a high-growth area with significant future potential. The asking price reflects the property's exceptional location and development potential within a thriving community. Investors seeking a strong return on investment in a dynamic Texas market should act quickly to secure this exceptional opportunity. The property is ready for immediate development or lease, presenting a flexible investment option for discerning buyers.
Property profile
VerifiedCap rate & NOI
Location
Value estimations
Owner & transaction history
Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Value estimation
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from $99/month
Cap rate
Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
from $99/month
Property description
Physical attributes from public recordsZoning & alternative use
Zoning
The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
No zoning code is on file for this parcel. Zoning coverage grows with every catalog release — check back, or open Location Intelligence for use analysis of this corner.
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