For Sale
$6,999,000

870 Preston Rd Celina, TX 75009

10 Acres, High-Growth Celina, TX

Overview

Added:
Dec 11, 2024
Days on market:
131
Exceptional 10.25-acre commercial land opportunity in rapidly expanding Celina, Texas, currently boasting an active, income-producing lease with an established landscaping business. This property offers 4.4 acres zoned commercial with 176 feet of frontage on State Highway 289 (Preston Rd), a major artery with high traffic volume. The remaining 5.8 acres are unzoned, presenting flexible development options and reduced carrying costs. Surrounding planned developments are adding 10,000+ residential homes and mixed-use retail, promising significant land value appreciation. Celina's projected population doubling in six years, coupled with its affluent population and being recently named the fastest-growing city in America, makes this a prime investment. Seller financing is available at the prime rate with flexible terms, minimizing upfront capital requirements. This presents a unique blend of immediate income, diverse development potential, and long-term wealth creation in a dynamic market. The asking price is $6,999,000, with a land value of $15.67 per square foot. This property is located at 870 N Preston Rd, Celina, TX 75009, in Collin County.

Highlights

  • $6,999,000 asking price for 10.25 acres of commercial land.
  • Located at 870 N Preston Rd, Celina, TX 75009, in Collin County.
  • Land value: $15.67/SF.
  • 10.25-acre parcel includes 4.4 acres of commercially zoned land with 176 feet of frontage on TX Hwy 289 (Preston Rd), and 5.8 acres of unzoned land.
  • Currently leased to an established landscaping business (potential for immediate income).
  • Seller financing available.

Property Details for 870 Preston Rd

Property type
Land
Lot Size (sq. ft)
446,490 SF

Location Insight

City
Celina
County
Collin
State
Texas
Latitude
33.3322872
Longitude
-96.7738286
870 Preston Rd, Celina, Texas

FAQs

What type of property is this?
Land - 10 Acres, High-Growth Celina, TX
Where is the land located?
The property is located at 870 Preston Rd Celina, TX.
What is the asking price?
The asking price for this property is $6,999,000.
What are key features of this property?
This property features: $6,999,000 asking price for 10.25 acres of commercial land.; Located at 870 N Preston Rd, Celina, TX 75009, in Collin County.; Land value: $15.67/SF.
How can I contact the broker?
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870 Preston Rd
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