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    Mixed-use properties

    0 Choate Pkwy, Celina, TX 75009

    34.95 ac lot
    Property ID
    Property summary
    AI-generated overview

    This exceptional 34.95-acre tract of land presents a unique investment opportunity in the rapidly growing city of Celina, Texas, located in Collin County. Currently zoned C1, this mixed-use property offers significant potential for a variety of commercial and hotel developments. The asking price is $18,269,064, translating to a land value of $12 per square foot. The property is conveniently situated on Choate Parkway, offering excellent visibility and accessibility. The annexation process is currently underway, further enhancing the property's future development prospects. With its expansive size and strategic location, this parcel is ideally suited for large-scale commercial projects, potentially including hotels, retail spaces, or other mixed-use developments. The C1 zoning provides flexibility for a range of commercial uses, making this a highly attractive investment for developers seeking a prime location in one of Texas's fastest-growing areas. The property's address is Choate Pkwy, Celina, TX 75009. Detailed site plans and zoning information are available upon request. Don't miss this chance to acquire a significant piece of Celina's burgeoning commercial landscape.

    Property profile
    Verified
    Property type Mixed-use properties
    Lot 34.95 ac (1,522,422 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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    Blend (final) Blend
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    Owner & transaction history
    Owner on record
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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