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    OFF-MARKET
    Commercial real estate

    1375 Shelby Ln, Celina, TX 75009

    10.51 ac lot
    Property ID
    US83-1859864
    Property summary
    AI-generated overview

    This exceptional 10.51-acre commercial land parcel presents a remarkable investment opportunity in the rapidly expanding city of Celina, Texas. Located just west of the Dallas North Tollway and minutes from downtown Celina, this level lot offers unparalleled access to major transportation arteries. Situated near the future Outer Loop and a brand-new hospital at the intersection of the Dallas North Tollway and FM 428, the property benefits from exceptional visibility and convenient access to a growing residential population. The property is in the Celina ETJ (Extra Territorial Jurisdiction) with no known restrictions or flood zone concerns. This advantageous location adjoins Celina ISD land, and future subdivision development is planned for the surrounding area, promising significant appreciation potential. Shelby Lane, a planned four-lane road, will provide excellent connectivity to six-lane roads to the north and south. The city's recent addition of a new water line to Shelby Lane further enhances the property's development potential, with sewer access available closer to the Outer Loop. This versatile land is ideal for mixed-use development, capitalizing on the high demand for commercial space in this booming area. The property's proximity to a substantial existing residential base ensures a strong market for any development project. This is a rare chance to acquire a significant land holding in one of the nation's fastest-growing cities.

    Property profile
    Verified
    Property type Commercial real estate
    Lot 10.51 ac (457,816 SF)
    UPID US83-1859864
    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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