Current Use by Public Records
- Land
Property Details for 8520 Co Rd
- Year built
- 1987
- Lot size
- 5.14 lot acres
- Property type
- Land
- Property subtype
- Farms
Description
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.
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
- Celina
- County
- Collin
- State
- Texas
- Longitude
- -96.8262
- Latitude
- 33.3381
