Current Use by Public Records
- Land
Property Details for TX-78 Bus
- Lot size
- 1.50 lot acres
- Property type
- Land
Description
This exceptional 1.5-acre commercial land parcel in Lavon, Texas, presents a prime retail investment opportunity. Located near the busy intersection of Hwy 78 and Hwy 205 (currently undergoing four-lane expansion), this property benefits from its strategic position within a rapidly expanding residential area. The site is zoned for retail use and boasts readily available water and electric utilities. An easement for sewer access to Endeavour Blvd. will be provided upon closing. Lavon's remarkable growth is fueled by significant residential developments, including the 1,600-acre Elevon Planned Development, the 200-acre LakePointe Development, Lake Breeze Estates, and others. This surge in residential construction creates a strong demand for additional retail businesses, making this land ideally positioned to capitalize on this burgeoning market. The land is priced at $1,176,120, translating to $18 per square foot. The property's address is TX-78 BUS, Lavon, Collin County, Texas, 75166. This is a rare chance to acquire a highly desirable retail site in one of Texas' fastest-growing communities.
Value Estimations
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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
- Lavon
- County
- Collin
- State
- Texas
- Longitude
- -96.4564
- Latitude
- 33.0205
