0 State Highway 78 Lavon, TX 75166
This exceptional 14-acre commercial land parcel presents a remarkable investment opportunity in the thriving city of Lavon, Texas. Strategically located at the northeast intersection of State Highway 78 and Grand Heritage Boulevard, this property boasts unparalleled accessibility and visibility. The land is zoned for commercial development, specifically suited for retail uses, including retail pads, offering significant potential for a variety of businesses. Existing utilities are already on-site, streamlining the development process and minimizing upfront costs. The property's size allows for subdivision, providing flexibility for developers seeking to create multiple commercial spaces or a larger-scale project. Lavon is experiencing robust growth, making this location particularly attractive for businesses seeking to capitalize on a burgeoning market. The area offers a wealth of amenities and a strong local economy, creating a supportive environment for new ventures. This prime commercial land presents a rare chance to establish a thriving business in a dynamic and rapidly expanding community. The convenient location and readily available utilities make this an exceptional opportunity for immediate development. Don't miss this chance to secure a piece of Lavon's vibrant future.
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
Similar Nearby for Lease
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.