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Property profile & analytics
OFF-MARKET
Land

8520 Co Rd Celina, TX 75009

223,768 SF 5.14 ac lot Built 1987
Property ID
Property summary
AI-generated overview

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.

Property profile
Verified
Property type Land
Year built 1987
Total area 223,768 SF
Lot 5.14 ac (223,768 SF)
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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