Property profile

0 Choate Pkwy Celina, TX 75009

OFF-MARKET
Mixed-use properties
34.95 ac lot
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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

Location

Choate Pkwy Celina, TX 75009
Celina metro
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Value estimations

Realmo proprietary · 4 methods
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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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