78 Quadrant Of State Hwy Lavon, TX 75166
This exceptional 1.5-acre commercial land parcel presents a remarkable investment opportunity in the rapidly growing city of Lavon, Texas. Located at the southwest quadrant of the busy intersection of State Highway 78 and State Highway 205, this property benefits from high visibility and convenient access. The site is zoned for retail use, perfectly positioned to capitalize on the significant residential expansion currently underway in Lavon. Nearby developments include the Grand Heritage developments, the 1,600-acre Elevon Planned Development, the 200-acre LakePointe Development, and Lake Breeze Estates, all contributing to a surging demand for retail services. State Highway 205 is undergoing a widening project to four lanes, further enhancing accessibility and visibility. The asking price is $1,176,120, translating to $18 per square foot. Utilities are readily available, with water and electric already in place. An easement for sewer access to Endeavour Boulevard will be provided upon closing, ensuring seamless operational readiness. This property offers a unique chance to establish a thriving retail business within a dynamic and expanding community. The strategic location and strong growth trajectory make this an exceptional investment prospect.
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
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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.