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Property profile & analytics
OFF-MARKET Estimated value $565,000
Commercial real estate

9930 State Hwy 78 Lavon, TX 75166-1286

5,445 SF 0.99 ac lot Built 2021
Individually Owned 19-yr Hold Absentee Owner Free & Clear
Property ID
US82-3192000
Property summary
AI-generated overview

This exceptional Class A retail and restaurant development in Lavon, Texas, presents a unique investment opportunity. Located at 9930 S State Hwy 78, Collin County, this brand-new, single-story building boasts 12,350 square feet of versatile space, perfect for a variety of uses. The property sits on a substantial 2.71-acre lot, providing ample room for expansion or outdoor amenities. With a minimum divisible space of 1,000 square feet and a maximum contiguous space of 12,350 square feet, this development caters to businesses of all sizes. The building was completed in 2024 and features 115 parking spaces for customer convenience. The property's strategic location in the rapidly growing Lavon market offers phenomenal traffic counts and benefits from strong demographics, supported by over 8,000 residential lots currently under development in the immediate area. This presents a rare chance to establish a presence in a thriving community with significant future growth potential. The property is zoned for retail, restaurant, and medical uses, offering flexibility for diverse business needs. This is an ideal opportunity for businesses seeking a high-visibility location in a booming Texas market. The property's size and amenities make it an attractive option for both single-tenant and multi-tenant occupancy. Contact us today to learn more about this exceptional property.

Property profile
Verified
Property type Commercial real estate
Use group COMMERCIAL (GENERAL)
Year built 2021
Total area 5,445 SF
Lot 0.99 ac (43,029 SF)
APN R-6121-003-0540-1
UPID US82-3192000
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
  • Racetrac Gas Station
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
$535k
CAP Approach CAP
by Request
Comparable Approach Comparable
$597k
Blend (final) Blend
$565k
Owner & transaction history
205-78 Ltd · 19 yrs held
205-78 Ltd
since 2006
1 recorded transaction
2006
Price N/A
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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