8520 Co Rd Celina, TX 75009
This exceptional 5.137-acre parcel presents a unique redevelopment opportunity in rapidly growing Celina, Texas. Located at 8520 Co Rd 9, 75009, this unzoned property boasts a strategic location, situated on the future Fred Smith Parkway, just east of the Tollway extension and west of the future Legacy Road. Its proximity to the DNT extension (within half a mile) ensures excellent accessibility. The property currently features a home and outbuildings, adding to its versatility. Across the road from a new housing development, this land benefits from a thriving surrounding community. With a total square footage of 223,768, the asking price is $2,250,000, translating to $10.06 per square foot. The land value alone is assessed at $10.47 per square foot. Built in 1987, this property is ideal for investors seeking a high-potential redevelopment project in Collin County. The sale includes a leaseback option, offering further flexibility. This is a rare chance to acquire a significant land holding in a booming area with immense potential for various commercial, residential, or agricultural uses. Don't miss this exceptional investment opportunity.
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
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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.