Property summary
This exceptional 9.372-acre commercial land parcel presents a unique investment opportunity in Lavon, Texas. Strategically located at the intersection of State Highway 78 and Highway 205 in Collin County, this property offers unparalleled visibility and accessibility. Currently unzoned by the city, this presents flexibility for a wide range of commercial developments, including retail, office, or hotel projects. The asking price is $5,000,000. The seller is willing to subdivide the land to accommodate various development plans, making it an attractive option for both large-scale and smaller projects. The property's address is 1009 S State Hwy 78, Lavon, TX 75166. Its precise coordinates are latitude 33.02241583246252 and longitude -96.45797225853731. This location provides easy access to major transportation routes, ensuring high traffic flow and excellent exposure for any commercial venture. The absence of city zoning allows for creative development options and potentially reduces regulatory hurdles. This is a rare opportunity to acquire a significant land holding in a rapidly growing area of Collin County. Serious inquiries are encouraged.
Property profile
VerifiedCap rate & NOI
Current use
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Atm
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Bank Loan Service
Location
Value estimations
Owner & transaction history
Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
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Cap rate
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Price sensitivity
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Property tax & assessments
Tax year 2022Property description
Physical attributes from public recordsZoning & alternative use
Zoning
The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
No zoning code is on file for this parcel. Zoning coverage grows with every catalog release — check back, or open Location Intelligence for use analysis of this corner.
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