Tx-289 Celina, TX 75009
Property profile & analytics
Location Intelligence
Current Use by Public Records
- Land
Property Details for 0 Tx-289
- Lot size
- 15.16 lot acres
- Property type
- Land
Description
This exceptional 15.156-acre commercial land parcel presents a compelling investment opportunity in the rapidly expanding city of Celina, Texas. Strategically located on Preston Road, this property boasts 473 feet of frontage, offering unparalleled visibility and accessibility. Currently unzoned with an agricultural exemption in place (crops are excluded from the sale), the land is ideally suited for a variety of commercial developments. The property's recent annexation into the city limits paves the way for future alcohol sales, further enhancing its development potential. Situated conveniently between the main town entrance and the high school (CR 95 to the south and CR 99 to the north), this level tract enjoys a prime location within a high-growth area of North Texas. While a small portion (less than 0.24 acres) in the southeast corner is located within a flood zone, this will not significantly impact the usability of the property. Furthermore, the city water line runs directly along the property's frontage, providing immediate utility access. The asking price is $9,900,000, translating to $15 per square foot. This represents a significant opportunity to capitalize on the explosive growth of Celina and secure a prominent position in this thriving market. The property is offered at 100% ownership. The zip code is 75009.
Value Estimations
based on Realmo’s proprietary methodology
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AI approach
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Celina
- County
- Collin
- State
- Texas
- Longitude
- -96.7706
- Latitude
- 33.3465
