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Property profile & analytics
OFF-MARKET Estimated value $1,865,000
Commercial real estate

905 State Hwy 78 Lavon, TX 75166-1287

14,921 SF 1.52 ac lot Built 2022
Entity Owned 1-yr Hold Absentee Owner Free & Clear
Property ID
US83-0889000
Property summary
AI-generated overview

This exceptional 14,938-square-foot shopping center in Lavon, Texas, presents a compelling investment opportunity. Built in 2022, the property boasts a 6.00% cap rate and a strong NOI of $527,034. The five tenants, including Dunkin' Donuts, Integrity Urgent Care, and others, occupy the entire space under triple-net (NNN) leases with built-in rent escalations, ensuring consistent income growth. Situated on a 1.51-acre lot, the center features an attractive design with metal awnings and ample concrete parking. The Dunkin' location includes a convenient drive-through. Its prime location at the intersection of State Highway 78 and Burleson Drive offers excellent visibility and accessibility, with approximately 30,974 vehicles passing daily. The property benefits from its position at the entrance to the Grand Heritage West residential community (871 single-family lots) and proximity to other established residential areas, contributing to high traffic volume. Nearby amenities include Taco Bell, Sonic, Starbucks, and other national retailers. The area's affluent demographics are highlighted by average household incomes exceeding $118,000 within a one-mile radius, reaching $134,035 within five miles. The property's location in Collin County, one of North Texas' fastest-growing areas, ensures continued growth potential. This stabilized investment offers a rare combination of strong performance, prime location, and significant upside.

Property profile
Verified
Property type Commercial real estate
Use group COMMERCIAL (GENERAL)
Year built 2022
Total area 14,921 SF
Lot 1.52 ac (66,081 SF)
Zoning code PD
APN R-12911-001-0010-1
UPID US83-0889000
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
Current use
Occupant on record · Public records
  • Dunkin' Cafe & Coffee Shop
  • The Nail Lounge Spa Lavon Nail Salon
  • Simply Smiles Dental Office
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
$1.64M
Blend (final) Blend
$1.87M
Owner & transaction history
Cc Ark Ix LLC · 1 yrs held
Cc Ark Ix LLC
since 2025
1 recorded transaction
2025
Price N/A
Zoning & alternative use
PD · Lavon, TX
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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