Current Use by Public Records
- Land
Property Details for 000 State Hwy 78 Hwy
- Lot size
- 5.00 lot acres
- Property type
- Land
Description
This exceptional 5-acre commercial land parcel presents a remarkable investment opportunity in the rapidly growing city of Lavon, Texas. Located at the prominent corner of State Highway 78, a six-lane divided highway, and FM 6, this property boasts unparalleled visibility and accessibility. Its strategic location directly across Highway 78 from the burgeoning 200-acre LakePointe Community, currently under development, ensures significant exposure to a rapidly expanding residential population. Further enhancing its potential, the property is adjacent to the Abston Hills Community, a planned mixed-use development encompassing approximately 1,600 acres. Lavon's explosive residential growth fuels a strong demand for retail development, making this site ideally suited for a variety of commercial uses, including grocery stores, convenience stores with gas stations, or other retail establishments. The property is zoned for retail use, simplifying the development process. With its prime location, substantial size, and the surrounding growth, this land offers exceptional potential for significant return on investment. The 75166 zip code further underscores its strategic position within this thriving Texas community.
Value Estimations
-
AI approach
-
CAP approach
-
Comparable approach
-
Alternative Use
Location Insight
- Map
- Local Demand
- City
- Lavon
- County
- Collin
- State
- Texas
- Longitude
- -96.4565
- Latitude
- 33.0181
