0 Choate Pkwy, Celina, TX 75009
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.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.