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    OFF-MARKET
    Retail properties & Spaces

    403 Pecan St, Celina, TX 75009

    0.5 ac lot Built 1970
    Property ID
    Property summary
    AI-generated overview

    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
    Verified
    Property type Retail properties & Spaces
    Year built 1970
    Lot 0.5 ac (21,780 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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