8 Louisiana Dr Celina, TX 75009
- Commercial real estate
- 8.73 lot acres
Current Use by Public Records
- Commercial real estate
Property Details for 8 Louisiana Dr
- Lot size
- 8.73 lot acres
- Property type
- Commercial real estate
Description
This exceptional 8.7-acre tract presents a unique development opportunity in the thriving Celina, Texas market. Located just north of Downtown Celina, this property enjoys a strategic position directly across from a substantial 130-acre residential development, guaranteeing a robust and expanding customer base. The property's proximity to recently opened elementary and middle schools adds significant appeal for families and residents, further bolstering its potential. Situated on Louisiana Drive, just north of the future O'Brien Parkway intersection, the land offers unparalleled access to major thoroughfares, ensuring excellent visibility and convenient access for future businesses and residents. This prime location allows for versatile development options, catering to both commercial and residential needs. The potential uses are diverse, ranging from retail spaces to residential communities, or a strategic blend of both. This makes it an ideal investment for developers seeking to capitalize on Celina's rapid growth. Furthermore, the availability of two additional 5-acre tracts to the north presents exciting possibilities for large-scale expansion projects. This 8.7-acre parcel provides a strong foundation for future success in a community experiencing significant population and economic expansion. The asking price is $5,517,200.
Value Estimation
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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
- -96.7852
- Latitude
- 33.3238
